PetroDollar vs PetroYuan: A Historic Week For Both Countries

in economy •  7 years ago 

The PetroDollar vs PetroYuan A Historic Week For Both Currencies.PNG

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Here are today's articles mentioned in this news update:

  1. De-Dollarization: How Russia and China May Soon Dethrone the Petrodollar
    https://sputniknews.com/analysis/201803281062979776-russia-china-dedollarization/

  2. Death of US dollar? China launches petro-yuan to challenge greenback’s dominance
    https://www.rt.com/business/422314-petro-yuan-futures-dollar-death/

  3. Petro-yuan helps Russia & China dump US dollar in oil trade
    https://www.rt.com/business/422472-russia-china-petro-yuan/

  4. China's Oil Futures Launch With A Bang
    https://oilprice.com/Energy/Crude-Oil/China-Yuan-Futures-Launch-With-A-Bang.html

  5. The US needs to borrow almost $300 billion this week
    http://money.cnn.com/2018/03/27/investing/us-debt-sale-record-treasury/index.html

  6. Trillion-dollar deficits will hit sooner than expected
    http://money.cnn.com/2018/02/07/news/economy/rising-deficits/index.html?iid=EL

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This is one of the most important and most quiet/ignored stories. The entire geopolitical game revolves around the fact that the petroyuan has changed the game, and the US can't use war this time—like we did with Iraq and Libya.

A currency reset is an inevitability at this point. Judging by the fact that Xi and Trump are all smiles, it looks like the reset has been all worked out. It's just a matter of timing. The closer to the midterms, the greater the impact it will have in favor of Trump.

Good video bro im stoked to see you have a Steemit account! I always upvote Along with resteeming content I like.