Saudi Arabia Announces Fiscal Deficit of $135 Billion

Yesterday, Saudi Arabia announced that 2015 would produce a budget deficit amounting to $135 billion (367 billion riyals). A royal decree, effective on Tuesday, will increase petrol prices by 50%. This will only bring gasoline to 33 cents (0.90 riyals) … Continue reading

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PRIVATE BLOG – Peace – Dollar – Euro

PRIVATE BLOG – Peace – Dollar – Euro Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/
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Petrodollar Conspiracy

QUESTION: Some claim that the entire strength of the dollar is oil, which backed it after the gold standard fell. I know you said that was a convenient theory, and [...]
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