The Traderszone Network

Published in TZ Latest News 26 October, 2015 by The TZ Newswire Staff

As China ‘Buys Low’ To Build SPR, Washington Forced To Sell Strategic Crude To Meet Budget

The signs of regime change are everywhere. From embarrassment by Russia’s success in Syria to China’s creation of its own ‘World Bank’ and SWIFT alternative, the trend of de-empirization are growing, but tonight’s news that Washington will sell oil from its strategic reserve in order to meet budget constraints and avoid default (as China takes advantage of low prices to build its own reserves) is simply stunning in its analogy of the shifting world order.

 

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