Damus
Lyn Alden profile picture
Lyn Alden
@LynAlden
-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.

4864❤️94🤙112❤️1
IntuitiveGuy☯️ · 183w
https://nostr.build/p/nb2879.mp4
TuvokSeed · 183w
yeah good summary! multipolar world is locked in the block!? could we say like this alright!?
QW · 183w
https://nostr.build/i/nostr.build_ad4360be2b60f3ce73511c7a7a2570bc74f6199a93334410109cb84ed19dea09.jpg
theplatinumbear · 183w
Glad your back! The drift away from the Petrodollar will be a slow drip then waterfall.
₿on · 183w
#mandibles
Nimby · 183w
Saudi Arabia is allowing African countries to buy oil in their local currency not USD..Kenya signed the deal last week…
Erik · 183w
Thanks #[1]​ !
MAHDOOD · 183w
RIP USD https://nostr.build/i/nostr.build_77ce27a23f227ecffbce7fe3eae925a169281c8a125970a46bc45e994d41db3a.jpg
Alan ₿ · 183w
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]
paulo · 183w
Shit is happening. There’s no going back. #[0]
fightlessbirds · 183w
Wow
Nani Baka · 183w
I’ll just leave this here…. https://images.app.goo.gl/jqKaapUGG9D645NMA
jack · 183w
damn.
FREEDOM SEEKER 🌴 · 183w
Snizzle🫠😵
bkb2443 · 183w
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]
Devin · 183w
Shit's real out there in fiat land. #[0]
Matt Nelson · 183w
Sounds like these countries will be in need of some "freedom" in the next 6 to 12 months 👀
thejohn · 183w
#[0]
nodesy · 183w
Life comes at you fast
Joel · 183w
👀
FreeDad · 183w
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 ...
nobody · 183w
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 · 183w
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.
StackSats.IO · 183w
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 · 183w
this is fine
JunoKat · 183w
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 · 183w
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 · 183w
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...
Moss · 182w
The world is changing #[0]
catcher · 182w
So what's next?
John Bennson · 182w
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 🤡🌎 · 182w
The BRICS and their economic allies are all making moves against the Dollar. The next couple years are going to get interesting.
exit · 182w
Lynn how do you think the Yuan be spend spend?
Elwood09 · 182w
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 · 182w
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...