Non-dollar denominated exchange suffered two setbacks this past week. SETBACKS, not wetbacks. The first and most obvious one was the blockage of the Suez Canal, which facilitates a large bulk of bi-lateral exchange between Europe and Asia. The second wasn’t quite as obvious, but it was a setback nonetheless: Indonesia’s largest oil refinery caught fire Sunday night. Pan-Eurasianists and Indonesians came together in solidarity (albeit online) to express their concern that it was an act of sabotage.
Why would someone sabotage a state-owned oil refinery in Indonesia?
Well, maybe it’s because Indonesia recently signed bi-lateral trade agreements with China and Singapore to reduce its dependence on the dollar. 90% of Indonesia’s international settlements are cleared in dollars despite the fact that trade with America accounts for merely 12% of its exports. Their strides to reduce dollar dependence are somewhat hindered by both the Suez Canal incident and this refinery fire.
Maybe that’s why the Duginists are big mad…
Also: Judicial Watch is suing the DoD over Nancy Pelosi’s coup attempt on January 8th and Biden fired every single member of the Homeland Security Advisory Council.
I’ve got the latest!
This is EPISODE 642 of So to Speak w/ Jared Howe!