Oil: How Low Can It Go!

Out of the box, let’s start with lesson number one:
1) There has never been a shortage of crude oil; ever!
2) If you want to control the price of a thing, in this case oil, then control the supply.
3) If you want to have unlimited spending power then you must first find a borrowing source that uses the same currency (or exchange for a currency) that you use.
4) The degree to which you can have control over the amount of spending, and the control that spending acquires, then you must also expand/spread the common use of that currency (this is the function of a Central Bank and its integration into a Global Banking scheme.)
5) The most efficient way to expand/spread the common use of a currency is to find the most commonly used commodity and require that the purchase of that commodity use your currency.
Now then, return to item 1 and repeat as often as no one is willing to challenge your control system. These few points describe the Global Banking System (the IMF lead by the Bank of International Settlements in Switzerland of which the U.S. Fed and the U.K. equivalent are key players).  Now you understand why Russia is being made to appear as an extremely volatile threat and why the Middle-East is of such interest to the West and why China wants control of the South China Sea (massive western controlled oil reserves). Given that it is likely you will be going to war in the region (again) it’s high time you know. The Western Banking System knows that the debt loads are growing exponentially and simply cannot (ever) be settled.
The only way to survive the inevitable economic slaughter is to continuously expand their financial scheme. How low will oil go and for how long? As low and as long as it takes to destroy the Putin Regime in Russia and the Communist Regime in China; it is estimated that at $44-50/barrel Saudi Arabia can survive (on its cash reserves) for 6-7 years. At that level, it is estimated that Russia can hold out for 2-3 years. China’s a bit more difficult as their economy is structurally a bit more diverse than Russia, but socially far more unpredictable than Russia. For this reason the West is working thru Hong Kong to establish a foot hold of civil unrest as it plans and perfects its regime-change strategy for China.
Curtis C. Greco, Founder
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