This is an interesting article by Pepe Escobar about Saudi Arabia taking Oil prices, attacking Russia, Iran……and the US.
The House of Saudi cannot do this alone, a small country like Saudi Arabia cannot upset all the World’s major powers and not expect retaliation. No, the Money Power is behind this.
According to Escobar the main target is Russia, which is wholly dependent on Oil. Low Oil prices will sink Russia back into depression, there is little doubt about that.
However, this is about the Petrodollar: the Money Power has been keeping Oil at ridiculous price levels for almost a decade now, partly to keep the Petro Dollar going for a little while longer.
Now, with Russia accepting Ruble and Yuan for Oil and Saudi Arabia considering similar steps, the Petro Dollar is in mortal danger. Lowering Oil prices is a sure route to quick decapitation.
A perfect storm is coming, we’ve been anticipating it endlessly, but it seems close now.
http://rt.com/op-edge/196148-saudiarabia-oil-russia-economic-confrontation/