
MacroVoices #371 Larry McDonald: Fed Will Be Forced To Cut By The End Of The Year
Macro Voices
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The $50ization of the Energy Trade
The first LNG transaction, I believe between France and China, with financial gas, where they're doing a transaction that's outside of the dollar regime. So we're incentivizing this behavior away from dollars for sure. And then when it comes to LNG and the war in Russia, another thing that gets us excited about the energy trade is you're talking about going from 12 billion cubic feet to 30 billion cubic feet of exports to Europe. But if you take sanctions and your sanctions weapons aggressively should be used once every decade, but over the last 15 years, both Democrats and Republicans, the administration have used the sanction weapon fairly violently across a lot of chunks of emerging markets. The $50
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