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Things That Make You Go Hmm... Like The Death Of The Petrodollar, And What Comes After

Things That Make You Go Hmm... Like The Death Of The Petrodollar, And What Comes After

Excerpted from "Get It. Got It. Good" by Grant Williams, author of "Things That Make You Go Hmm..."

The story begins in the 1970s when Henry Kissinger and Richard Nixon struck a deal with the House of Saud — a deal which gave birth to the petrodollar system.

The terms were simple The Saudis agreed to ONLY accept U.S. Dollars in return for their oil and that they would reinvest their surplus dollars into U.S. treasuries.

US-Led Coalition Is Supporting Terrorists In Syria Says Erdogan

Turkish President Recep Tayyip Erdogan claims that “it’s very clear” that the US-led coalition is supporting terrorist groups in Syria, including ISIS. There is ‘confirmed evidence’ that the US-led coalition supports ISIS & other terrorists in Syria the Turkish leader told reporters in Ankara RT reports: Saying that the US have accused Turkey of supporting IS, speaking at a press conference on Tuesday the Turkish leader blamed the US-led coalition for assisting terrorists themselves.

Erdogan Says He Has "Confirmed Evidence" The US Supports ISIS

One year after this website demonstrated that Turkey was cooperating with the Islamic State, in the very least trading cash in exchange for crude oil sold to various Turkish outposts (a trade which was subsequently ended by the Russian air force), Turkey has flipped the tables and on Tuesday Turkish President Recep Tayyip Erdogan said he has uncovered evidence that US-led coalition forces have helped support terrorists in Syria - including Isis.

Would Another Corporate Repatriation Tax Holiday Create Jobs? (Spoiler Alert: No)

Submitted by Michael Shedlock via MishTalk.com,

Donald Trump wants to lower the corporate tax rate on foreign profits from 35% to 10%.

Would another tax holiday create jobs?

The New York Times says “Not Necessarily”

President-elect Donald J. Trump has said he would like to create a “tax holiday” so that American companies can bring back profit that was generated overseas at a lower rate. In his view, this influx of cash will create jobs.

 

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