All the foreign policy gains made by President Trump are being quickly unraveled by the Zhou regime. For example, one of the center pieces of the Trump policy of forging a stronger NATO was blocking the Nordstream2 Baltic Sea pipeline from Russia direct to Germany. The effect of Nordstream2—well understood by all concerned—is to circumvent shipping gas through Poland. This means that Poland is once again caught between Germany and Russia, now dependent on those two long term enemies for natural gas supplies. Thus Poland is in a weaker position as an ally of the United States close to the Russian border, while Germany is also now more independent of US control over NATO. This was a predictable result of Zhou’s totally compromised relationship with foreign rivals of the US.
And with the reality of US inflation, and the US dollar being supported as the global reserve currency by its usage for oil pricing - petro dollar, what will OPEC do?
Especially with the Biden Administration giving the cold shoulder to anti Iranian Gulf States, including the Saudis.
Not long ago Russia announced an oil deal with Saudi Arabia in conjunction with military collaboration. I don't recall if it was explicit, but there was at least reason to believe that they were bypassing the petro-dollar.
Nigeria followed shortly after.
Wouldn't it be something if India did the same?
This is not just about our strategic alliances. How many dominos have to fall in the petrol-dollar network to take down the dollar?
I bet this India deal is only one part of an assault on the US Dollar by Russia and China.
China and Russia are setting up a settlement payment alternative. I wonder if India will join?
https://www.rt.com/russia/543258-moscow-china-create-independent-structure/
And with the reality of US inflation, and the US dollar being supported as the global reserve currency by its usage for oil pricing - petro dollar, what will OPEC do?
Especially with the Biden Administration giving the cold shoulder to anti Iranian Gulf States, including the Saudis.
Not long ago Russia announced an oil deal with Saudi Arabia in conjunction with military collaboration. I don't recall if it was explicit, but there was at least reason to believe that they were bypassing the petro-dollar.
Nigeria followed shortly after.
Wouldn't it be something if India did the same?
This is not just about our strategic alliances. How many dominos have to fall in the petrol-dollar network to take down the dollar?
It also helps defeat any possible us sanctions against Russian Oil.
Brilliant move by the Russians.
"The void". I like that. That's Zhou.