Showing posts with label venezuela. Show all posts
Showing posts with label venezuela. Show all posts

Saturday, 3 January 2026

Venezuela


I came across this interesting tweet by Ricardo (I'll leave it double spaced as it appeared in the the tweet):

The real reason the US is invading Venezuela goes back to a deal Henry Kissinger made with Saudi Arabia in 1974.

And I'm going to explain why this is actually about the SURVIVAL of the US dollar itself.

Not drugs. Not terrorism. Not "democracy."

This is about the petrodollar system that has kept America the dominant economic power for 50 years.

And Venezuela just threatened to end it.

Here's what really just happened:

Venezuela has 303 billion barrels of proven oil reserves.

The largest on Earth.

More than Saudi Arabia.

20% of the entire world's oil.

But here's the part that matters:

Venezuela was actively selling that oil in Chinese yuan. Not dollars.

In 2018, Venezuela announced it would "free itself from the dollar."

They started accepting yuan, euros, rubles, anything BUT dollars for oil.

They were petitioning to join BRICS.

They were building direct payment channels with China that bypass SWIFT entirely.

And they were sitting on enough oil to fund de-dollarization for decades.

Why does this matter?

Because the entire American financial system is built on one thing:

The petrodollar.

In 1974, Henry Kissinger made a deal with Saudi Arabia:

All oil sold globally must be priced in US dollars.

In exchange, America provides military protection.

This single agreement created artificial demand for dollars worldwide.

Every country on Earth needs dollars to buy oil.

This lets America print unlimited money while other countries work for it.

It funds the military. The welfare state. The deficit spending.

The petrodollar is more important to US hegemony than aircraft carriers.

And there's a pattern of what happens to leaders who challenge it:

2000: Saddam Hussein announces Iraq will sell oil in euros instead of dollars.

2003: Invaded. Regime change. Iraq's oil immediately switched back to dollars. Saddam lynched.

The WMDs were never found because they never existed.

2009: Gaddafi proposes a gold-backed African currency called the "gold dinar" for oil trade.

Hillary Clinton's own leaked emails confirm this was the PRIMARY reason for intervention.

Email quote: "This gold was intended to establish a pan-African currency based on the Libyan golden Dinar."

2011: NATO bombs Libya. Gaddafi sodomized and murdered. Libya now has open slave markets.

"We came, we saw, he died!" Clinton laughed on camera.

The gold dinar died with him.

And now Maduro.

With FIVE TIMES more oil than Saddam and Gaddafi combined.

Actively selling in yuan.

Building payment systems outside dollar control.

Petitioning to join BRICS.

Partnered with China, Russia, and Iran.

The three countries leading global de-dollarization.

This isn't coincidence.

Challenge the petrodollar. Get regime changed.

Every. Single. Time.

Stephen Miller (US homeland security advisor) literally said it out loud two weeks ago:

"American sweat, ingenuity and toil created the oil industry in Venezuela. Its tyrannical expropriation was the largest recorded theft of American wealth and property."

He's not hiding it.

They're claiming Venezuelan oil BELONGS to America because US companies developed it 100 years ago.

By this logic, every nationalized resource in history was "theft."

But here's the DEEPER problem:

The petrodollar is already dying.

Russia sells oil in rubles and yuan since Ukraine.

Saudi Arabia is openly discussing yuan settlements.

Iran has been trading in non-dollar currencies for years.

China built CIPS, their own alternative to SWIFT with 4,800 banks in 185 countries.

BRICS is actively building payment systems that bypass the dollar entirely.

The mBridge project lets central banks settle trades instantly in local currencies.

Venezuela joining BRICS with 303 billion barrels of oil would accelerate this exponentially.

That's what this invasion is really about.

Not stopping drugs. Venezuela accounts for less than 1% of US cocaine.

Not terrorism. There's zero evidence Maduro runs a "terror organization."

Not democracy. The US supports Saudi Arabia, which has zero elections.

This is about maintaining a 50-year-old agreement that lets America print money while the world works for it.

And the consequences are terrifying:

Russia, China, and Iran are already denouncing this as "armed aggression."

China is Venezuela's biggest oil customer. They're losing billions.

BRICS nations are watching a country get invaded for trading outside the dollar.

Every nation considering de-dollarization just got the message:

Challenge the dollar and we will bomb you.

But here's the problem...

That message might accelerate de-dollarization, not stop it.

Because now every country in the Global South knows what happens if you threaten dollar hegemony.

And they're realizing the only protection is to move FASTER.

The timing is insane too:

January 3rd, 2026. Venezuela invaded. Maduro captured.

January 3rd, 1990. Panama invaded. Noriega captured.

36 years apart. Almost to the day.

Same playbook. Same "drug trafficking" excuse.

Same real reason: control of strategic resources and trade routes.

History doesn't repeat. But it rhymes.

What happens next:

Trump's press conference at Mar-a-Lago sets the narrative.

US oil companies are already lined up. Politico reported they've been approached about "returning to Venezuela."

The opposition will be installed. Oil will flow in dollars again.

Venezuela becomes another Iraq. Another Libya.

But here's what nobody's asking:

What happens when you can no longer bomb your way to dollar dominance?

When China has enough economic leverage to retaliate?

When BRICS controls 40% of global GDP and says "no more dollars"?

When the world realizes the petrodollar is maintained by violence?

America just showed its hand.

The question is whether the rest of the world folds or calls the bluff.

Because this invasion is an admission that the dollar can no longer compete on its own merits.

When you have to bomb countries to keep them using your currency, the currency is already dying.

Venezuela isn't the beginning.

It's the desperate end.

What do you think?

 I got Gemini to rephrase this tweet so that it more suitable for a blog post:

The Real Objective: The Petrodollar and the Invasion of Venezuela

The true motivation behind the United States' recent invasion of Venezuela is not rooted in the combatting of drugs, the suppression of terrorism, or the promotion of "democracy," as official narratives might suggest. Instead, the catalyst for this conflict can be traced back over half a century to a pivotal agreement made between Henry Kissinger and Saudi Arabia in 1974. To understand the current geopolitical upheaval, one must understand that this is fundamentally a battle for the survival of the US dollar itself. This invasion is about preserving the petrodollar system that has cemented American economic dominance for the last 50 years—a system that Venezuela recently threatened to dismantle.

To comprehend the stakes, we must look at what actually transpired prior to the intervention. Venezuela sits atop 303 billion barrels of proven oil reserves, the largest on Earth and significantly more than Saudi Arabia, accounting for 20% of the world’s supply. However, the critical factor was not merely the existence of this oil, but how it was being traded. Venezuela had actively begun selling its resources in Chinese yuan, explicitly circumventing the US dollar. In 2018, the nation announced its intention to "free itself from the dollar," accepting euros, rubles, and yuan instead. By building direct payment channels with China that bypass the SWIFT banking system and petitioning to join BRICS, Venezuela was utilizing its massive reserves to fund a de-dollarization effort that could have lasted for decades

This matters because the American financial architecture relies heavily on the petrodollar. The 1974 deal orchestrated by Kissinger stipulated that all oil sold globally must be priced in US dollars in exchange for American military protection. This agreement manufactured an artificial, worldwide demand for dollars, as every nation requires the currency to purchase energy. This unique arrangement allows the United States to print money essentially without limit while other nations must provide goods and services to obtain it. It is this mechanism that funds the US military, the welfare state, and massive deficit spending. Consequently, the petrodollar is arguably more vital to US hegemony than its fleet of aircraft carriers.

History reveals a stark pattern regarding leaders who challenge this economic order. In 2000, Saddam Hussein announced Iraq would sell oil in euros; by 2003, the US invaded, the regime was changed, and oil sales immediately reverted to dollars. The alleged Weapons of Mass Destruction were never found. Similarly, in 2009, Muammar Gaddafi proposed a gold-backed "gold dinar" for African oil trade. Leaked emails from Hillary Clinton later confirmed that thwarting this pan-African currency was a primary driver for the intervention. In 2011, NATO bombed Libya, Gaddafi was killed, and the plan for the gold dinar died with him.

Now, the pattern repeats with Nicolás Maduro. Venezuela holds five times the oil reserves of Saddam and Gaddafi combined and was actively selling in yuan while partnering with China, Russia, and Iran—the triad leading global de-dollarization. Stephen Miller, the US homeland security advisor, seemingly confirmed the economic motivations just weeks ago, stating that the "tyrannical expropriation" of the oil industry was a "theft of American wealth and property." The implication is that Venezuelan oil belongs to America due to historical development by US companies, a logic that frames nationalization as theft.

However, a deeper issue looms: the petrodollar is already in decline. Since the conflict in Ukraine, Russia has sold oil in rubles and yuan, while Saudi Arabia openly discusses yuan settlements and Iran trades in non-dollar currencies. China has established CIPS, an alternative to SWIFT connecting 4,800 banks across 185 countries, and the mBridge project allows central banks to settle trades instantly in local currencies. Venezuela’s entry into BRICS with its massive reserves would have accelerated this shift exponentially.

Therefore, the invasion is not about stopping drugs—Venezuela accounts for less than 1% of US cocaine traffic—nor terrorism, for which there is zero evidence regarding Maduro. It is certainly not about democracy, given US support for non-democratic regimes like Saudi Arabia. It is about maintaining the 50-year-old agreement that underpins American economic privilege. The consequences, however, may be dire. Russia, China, and Iran have already denounced the act as "armed aggression," and China stands to lose billions as Venezuela's largest customer.

While the invasion sends a message to the Global South that challenging the dollar brings devastation, this aggressive stance may paradoxically accelerate de-dollarization. Nations are realizing that their only protection against such hegemony is to move away from the dollar faster. The timing is also eerie: the invasion and capture of Maduro on January 3rd, 2026, occurred almost exactly 36 years after the invasion of Panama and the capture of Noriega on January 3, 1990. The playbook remains the same, citing "drug trafficking" to mask the control of strategic resources.

As the dust settles, the narrative will likely be solidified by press conferences, US oil companies will return to Venezuela, and the opposition will be installed to ensure oil flows in dollars once again. Venezuela risks becoming another Iraq or Libya. Yet, the unasked question remains: what happens when military force is no longer sufficient to maintain dollar dominance? With BRICS controlling 40% of global GDP and China possessing significant economic leverage, the world may soon realize that the petrodollar is sustained by violence rather than merit.

When a superpower must bomb nations to compel them to use its currency, that currency is already failing. This invasion is not a new beginning for American power; it is an admission that the dollar can no longer compete on its own terms. Venezuela is not the start of this era, but perhaps its desperate end.

What do you think?

Gemini offered to fact check this article and I got it do this. All the facts in this article were confirmed as correct.