First oil dies, then the dollar. It's totally normal for oil to cost negative dollars.
Oil crashing is a proxy for the dollar
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When the dollar dies, Gold will go to infinity
oil is a relatively small sector of our economy, so not really brainlet
brainlet detected
It wouldn't if speculators could just accept oil delivery in their swimming pools
the petrodollar is a meme pushed by communists and other peoples that hate america's success.
okay Qoomer
*crypto
- george "i love oil" w. bush
Wrong
He's right, though. Oil decoupled from the dollar in 2014. The dollar's status as world reserve currency has nothing to do with oil and everything to do with laser-guided bombs, delivered by stealth aircraft, directly into the rectum of any pissant prime minister who says he's going to try something different.
The DOW is up. Truly means we are in the best economy.
God you're such a faggot
Many countries got powerful armies, none of them has world reserve currency status
BTC was created in 2001 by the NSA when they also created the SHA-256 algorithm. It's a plan that has been in the making for over a decade by the banks, They couldn't do it in 2008 because the technology was still being developed. 5G is going to transfer all this crypto data from bank to bank. BTC will be the new digital gold, chainlink will be the AI decentralized middleman oracle to process all payments from banks. Another mystery currency only referred to as CBDC(Central bank digital currency)by the European union will be pegged to BTC and will be the everyday currency for the average citizen. Banks are committed worldwide to this as of 2020. This will occur sometime between now and 2024.
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>Many countries got powerful armies,
Not really. A single US Navy carrier group can lay waste to pretty much any given armed force outside the top half-dozen or so. 3 of which are allies, and the US Navy has a dozen carrier groups. And the Navy has less air power than the USAF.
The disparity in force projection is just ridiculous. The last guy to talk about a competitor to the USD was Qaddafi, who got sodomized with a Bowie knife on video, and the second-last guy was Saddam Hussein.
>Not really. A single US Navy carrier group can
Get destroyed even by a third-world countries missile program? Yes it can.
>A single US Navy carrier group can lay waste to pretty much any given armed force outside the top half-dozen or so.
>boomers actually think aircraft are indestructible and destroyers have infinite missiles
Yeah, we're screwed bros.
i love it when people are this ignorant or are being willfully ignorant about surface warfare doctrine. do you know how credible a threat hypersonic kinetic munitions are? do you know how old CIWS systems are? do you know what's been happening with strike group availability over the last two decades?
>hur well, see, in a war they'd just sail everything right up to the docks and hope nobody shoots at them dur
It's a fleet of ships loaded with long-range cruise missiles and attack aircraft, you retard. First thing to go is all the third world radar sites, then aircraft, then missile batteries, and that's when the jets take off from hundreds of miles away to blow up anything that survived the Tomahawks.
This is just in the ridiculous hypothetical situation where a carrier group is for some reason is operating all by itself, and the first wave of missiles wasn't from submarines in a different time zone.
The point is, the less-lethal-to-a-foreign-country branch of the US armed forces has a dozen individual groups that by themselves could waste most countries, not that that is how they'd go about it.
And every decade or so, the US picks up some crappy little country and throws it against the wall, just to remind everyone of this. And that is why the USD is the world reserve currency.
this is even more retarded than any of the briefs i've ever sat thru in the navy lol good job
THE BEAR SHALL LEAVE ITS CAVE FOREVER
They must've focused on things more relevant to your responsibilities, NAVEDTRA 16239 - SCRAPING THE REALLY DRIED-ON SHIT OFF THE BACK OF THE HEAD
aight retard
>heh I'm a low IQ navy grunt
good for you
Remember when Iran told us to fuck off and launched a dozen missiles at us and we didn't do a fob thing about it?
gentle reminder that oil is the closest thing to a dollar backing and there is no chance that inflation doesn't happen after this
or the US being so upset about turkey buying russian AA/AM defense systems, the same ones that shot down a large majority of our missiles that we fired off at syria over that OPCW report that's been debunked
>The disparity in force projection is just ridiculous. The last guy to talk about a competitor to the USD was Qaddafi, who got sodomized with a Bowie knife on video, and the second-last guy was Saddam Hussein.
The third last guy got half his head blown off in Dallas in '63 for Executive Order 11110.
>we didn't do a fob thing about it?
What makes you think that?
Besides, we're currently negotiating with Iran, which became pretty obvious after that whole IRGC general thing.
>Soleimani gets zapped
>Iran rockets a base that conveniently is empty so no US casualties
That means that not only is there working communication with the Iranians, but that a potential crisis was averted with a solution that let both sides claim victory, ie really excellent diplomacy is going on behind the scenes
This too. The real backing of the US dollar is the guarantee of sudden horrible death for anyone who tries something different, and usually their immediate family as well, no matter who you are.
cheap oil is actually super great for the economy for anything except incrdibly short-term. 90%+ of industries will thrive on it.
What do all the places occupied by the US military have in common? Economies backed by oil?
Perfect
>South Korea
>Japan
>Guam