- A systemic crisis. Extracts from GEAB 90, 15/12/2014:
Global systemic crisis 2015 – Oil, currencies, finance, societies, the Middle East: Massive storm in the Western port
For many years, by combining various points of view (speculative, geopolitical, technological, economic, strategic and monetary…), we have continued to anticipate a major crisis in the entire oil sector. Today, no one doubts the fact that we are actually at that point, and the GEAB must therefore anticipate the consequences of this veritable atomic bomb, which has begun to blow up all the old system’s pillars: everything which we have known, international currencies, financial markets, the US, the Western alliance, world governance, democracy, etc.
The oil crisis is systemic because it is linked to the end of the all-oil era
Let’s return for a moment to the main characteristics of this systemic oil crisis which we have analysed. To quickly summarise and to highlight the systemic nature of this crisis, to better position our anticipations which follow, it’s the oil market’s world governance system OPEC, which has been undermined. The US, which was its master until around 2005, has seen the arrival of the emerging nations whose levels of consumption has inevitably made them joint masters.
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