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Sordid Saudi Signals – Jim Willie

by Jim Willie, Gold Seek:

THE US-SAUDI ARMS DEAL

THE SAUDI ARMS DEAL SUDDENLY TRIPLED IN SIZE WITH LONG TIME SCHEDULE WITHIN THE AGREEMENT… TRUMP COMPLETED THE SINGLE LARGEST ARMS DEAL IN US-HISTORY, DONE WITH SAUDI ARABIA… IT EXCEEDED THE PREVIOUS COMMITMENT FROM TWO WEEKS AGO, NOW WORTH $350 BILLION… WITNESS US-STYLE ECONOMIC STIMULUS, THE TOXIC WAY… THE USGOVT SUPPORTS THE FADING SAUDI KINGDOM, SUPPORTS THEIR VICIOUS YEMEN WAR, AND APPLAUDS THEIR SUPPORT OF ISIS TERROR… THE USGOVT IS ENCOURAGING THE FORMATION OF A GULF REGION NATO, SURELY DEDICATED TO US-ARMS SUPPLY… CURIOUS THE PAYMENT METHOD TO COME, WITH CONJECTURE.

The USMilitary-industrial complex has come to the rescue of USEconomy with the massive arms sale to the world’s biggest purchaser of weapons, namely Saudi Arabia. Beyond the glitz and royal pageantry, President Trump’s visit to Saudi Arabia in all likelihood had a main purpose to sell weapons, and to complete a gigantic $350 billion over the next decade. It will have weapon orders filled over time. In turn, the Saudi Royals have promised to invest $billions in the United States as well and to make other commitments designed to placate Trump. The pablum on the official line is that the first phase, with $109.7bn in weapons purchases, will boost Saudi Arabia’s defense capabilities, bolstering their security services in the face of extreme terrorist groups, and the new threats from Iran. The White House added that the deal will create defense jobs while also reaffirming America’s commitment to Saudi Arabia. What a load of rubbish! The Saudis created the Yemen War in order to steal their neighbor’s energy deposits, thus creating a critical situation with consequent certain backfire. The USGovt support of Saudi Arabia goes hand in hand with desperate clinging to the Petro-Dollar. The defacto standard is in its final phase of demise. So the USGovt pledges support to the entire Gulf set of partners, which means the oil monarchies. If the kings and princes do not respond with overt support, they risk being murdered, or having untold terrorism unleashed on their people.

The deal will provide Saudi Arabia, the world’s largest importer of weapons with high quality equipment and services including missiles, bombs, armored personnel carriers, Littoral Combat Ships, THAAD missile defense systems, and munitions. The Trump economic advisor Gary Cohn said that Saudi Arabia would hire US companies as a result of the defense deal, and make significant investments in the US. The other side of the deal would lead to many US companies invest and build things in Saudi-land. The Saudis are expected to provide back support for certain USMilitary operations on an unspecified nature.

Saudi Crown Prince Mohammed bin Salman conducted negotiations on this deal shortly after the 2016 US election when he sent a delegation to Trump Tower to meet with the Jared Kushner, the liaison of dubious variety. The prince is the regular actor on the Saudi stage, since King Salman is senile, suffering from dementia, and cannot hold a conversation or a pen. Curiously, the lapdog Washington Post (owned by Amazon CEO Bezos) called the deal a cornerstone which further encourages the Gulf states to form its own Gulf State Alliance like the North Atlantic Treaty Organization (NATO) military alliance. WaPo dubbed the alliance the Arab NATO. Naturally they would call for all the Arab oil monarchies to be armed to the teeth, supplied by US arms dealers, and promote war economy rather than healthy balanced economies.

The deal extended beyond weapons. Saudi ARAMCO will sign initial accords and joint venture agreements valued at about $50 billion with companies including General Electric, Schlumberger, and Halliburton, according to the petro conglomerate CEO Amin Nasser. GE Plastics is also involved. Expect their attempt to expand trade to be 80% weapons, 20% oil services and others. In addition, ARAMCO plans to sign accords with Baker Hughes, KBR, Jacobs Engineering Group, Nabors Industries, Weatherford Intl, McDermott Intl, and Rowan Companies, claim insider sources. The industrial sector of the USEconomy is in bad decline. Much capital spending has been delayed and put on hold. The US Neocons are very happy indeed for the war spending, war footing, and war emphasis. The chief exports from the United States remain toxic bonds, military weapons, laced vaccines, tainted agri-seeds, prescription drugs, and obesity. The Deep State celebrates. Their captains, barons, and henchmen should be very happy. It is said that the Trump Admin has now sold more arms to KSA than the last two presidents combined. This direction is his version of Making America great again. Behold the swamp still present in its full glory. See Zero Hedge (HERE).

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