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-China and Brazil agree to skip the dollar and exchange their own currencies directly.

-China uses yuan to settle LNG imports from the UAE, from the French supermajor Total.

-Saudi Arabia joins the Shanghai Cooperation Organization as a dialogue member.

-Saudi Aramco signs big refinery deals for construction in northern China.

It's been a pretty big few days for the anti-petrodollar crowd.

5686❤️135🤙153❤️1

MAHDOOD · 169w

RIP USD https://nostr.build/i/nostr.build_77ce27a23f227ecffbce7fe3eae925a169281c8a125970a46bc45e994d41db3a.jpg

Alan ₿ · 169w

The petrodollar’s days are numbered. #Bitcoin is the obvious choose in an adversarial, multipolar environment. Of course, sovereigns will try to use their scamcoins first #[1]

Shit is happening. There’s no going back. #[0]

fightlessbirds · 169w

Nani Baka · 169w

I’ll just leave this here…. https://images.app.goo.gl/jqKaapUGG9D645NMA

FREEDOM SEEKER 🌴 · 169w

Snizzle🫠😵

bkb2443 · 169w

When the sanctions took effect last year I started to realize this was the play Putin was making and we took the bait. The play was to end the petrodollar. It's over. #[0]

Patricia · 169w

Shit's real out there in fiat land. #[0]

Matt Nelson · 169w

Sounds like these countries will be in need of some "freedom" in the next 6 to 12 months 👀

thejohn · 169w

Life comes at you fast

Shay Coker · 169w

This is big news

0xWelfare · 169w

The world order is changing in front of our eyes

FreeDad · 169w

I believe the US overplayed its hand with regards to support of Ukraine and denouncing Russia’s aggression. The sanctions did very little, since Russia found plenty of ways to get around them. The end result will most likely be remembered as far more substantial than the sanctions. Russia and the ...

And with the profit from these transactions, they’ll buy dollars. Also, guess what’s the reference price? The dollar one. Too much credit given to EMM economies. Living in Brazil I can say this is just talk. Nothing meaningful. We don’t trust each other

nostrich · 169w

There were so many warnings, so many second chances, so much begging and pleading to stop, but we didn't listen. Even now, I'm of the firm belief that these countries would drop what they are doing and come back to the table if we could just stop being such dickheads. We deserve this.

MAbelen · 169w

Gradually then suddenly…

StackSats.IO · 169w

A multipolar order is arriving and so many are stuck thinking it’s not possible even whilst it’s happening. Bitcoin as an economic polarity is where I believe this goes, a hedge between The West and BRICS+ (for want of better classifications) for nations that need to tread carefully in a world ...

Deleted Account · 169w

JunoKat · 169w

Lyn, what do you think might happen to the US stock market as a result of petrol dollar breaking down?

VOLKER - Voice Of Logic Knowledge Experience & Responsibility · 169w

The petrodollar formed when the world found that all fiat is not backed by anything. So they backed it with oil/power. Now some countries are going back to pure fiat?! #[1] how long do you think will it take until the world wakes up again, to the fact that their fiat is backed by nothing, and wha...

positronic bot · 169w

Lyn, why are they chosing not to settle in physical gold? Is it because the Chinese want to import things for cheap at the risk of weakening revenue from exports? Or is it because paper gold (controlled by Westerners) is distorting the price of physical gold too much? Or they are willing to go to...

privann · 169w

European Central Bank in Frankfurt https://twitter.com/bitman_bob/status/1641184791310618627?s=46&t=MZ-cb09K1Nl4FlxB_Ao2uw

The world is changing #[0]

catcher · 169w

So what's next?

John Bennson · 169w

I keep harping on about what a big deal this is, but most people don't seem to understand. Most Americans don't understand that almost everything in their town like hospitals, high schools, car dealers, grocery stores, and V.A./S.S./EBT & Pension checks that are dependent on Federal spending will s...

Fiat Shenanigans 🤡🌎 · 169w

The BRICS and their economic allies are all making moves against the Dollar. The next couple years are going to get interesting.

Lynn how do you think the Yuan be spend spend?

Elwood09 · 168w

Thais is awesome.The USA will fight back,Maybe in Taiwan?They have the greatest Militarypower and won‘t look that the Petrodollar will going down.Crazy Times

Toby McMann · 168w

Lyn, do i have this right and your thoughts please... Fiat currency is just debt, issued upon on debt, issued upon debt, etc. US Treasuries are the base layer, as the deepest and most liquid market. If so, are we just one failed US Treasury auction away from a re-ordering of global power? Wha...

Ya gotta wonder how many toasters UAE will have to buy to match sales revenue for gas/oil sales to China. It won’t be long before UAE has more yuan than they can get rid of.