The g seven was pressured by the bite demonstration, because the bi demonstration want to show something before the election. The first one is because they want to reduce potents revenues. Why? Because they couldn't control his oil exports. It's i's as simple as that. They cannot control export, therefore they cannot control their prizes. That shows the decision is political, just before the mid term election in the united states. And the second one is, do they need the russian oil? If they do, that becomes immoral, because they are trying to tell the ukranians, look, we are standing by you. We are imposing all of this because of grain. So it
MacroVoices Erik Townsend and Patrick Ceresna welcome Dr. Anas Alhajji to the show to discuss the role of the petrodollar system and what the implications would be if other nations settled oil trades in currencies other than the USD. They also discuss the Russian crude price cap proposal and why it can’t possibly work. https://bit.ly/3QDd8IU
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