Saudi Arabia won’t bail out banks that warred on hydrocarbons
Tom KirkmanIndependent Project Manager
Climate Change agenda + Western banking troubles vs. Pro-hydrocarbon nations.
Pro-hydrocarbon Saudi Arabia refuses to bail out Western banks which have been part of the Western war against hydrocarbons.
Go woke, banks go broke.
Here is something you will definitely not read in Mainstream Media.
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“Before getting to the details of the Credit Suisse issue, it is worth taking a bigger geopolitical context to the dynamic. The initial backstop sought by Credit Suisse was from the Saudi National Bank; however, SNB Chairman Ammar Abdul Wahed Al Khudairy refused more lending.
This is where we need to keep the BRICS -vs- WEF dynamic in mind and consider that ideologically there is a conflict between the current agenda of the ‘western financial system’ (climate change) and the traditional energy developers.
This conflict has been playing out not only in the energy sector, but also the dynamic of support for Russia (an OPEC+ member) against the western sanction regime.
● … In the big picture we are seeing the ramifications of the ‘Build Back Better‘ agenda impacting the banking and finance sector which spearheaded it.
I am not seeing this discussed anywhere, as the western governments of the collapsing banks are being forced to intervene.
● Again, I go back to the geopolitical map. The yellow nations with sanctions against Russia are also the yellow nations driving the ‘Build Back Better’ climate change energy policy.
The grey nations are not in alignment with either dynamic. It is not a coincidence the banking issues are all within the yellow nations.
… BIG PICTURE NOT BEING DISCUSSED – ● The western politicians followed the climate change instructions of the WEF multinational corporations and banks (Build Back Better) and post-pandemic immediately started reducing energy development.
The central bankers then began raising interest rates to shrink the economies of the same western nations to the scale of the now diminished energy production. …”
< much more in the link >