Saudi Arabia Considers Accepting Yuan Instead of Dollars for Chinese Oil Sales
"The Saudis are angry…over the Biden administration’s attempt to strike a deal with Iran…were shocked by the precipitous U.S. withdrawal from Afghanistan."
You did it Joe. https://t.co/JWO2AInRr0
— Andrew Clark (@AndrewHClark) March 15, 2022
This is the top story when you look for what the mainstream media is saying about reports that Saudi Arabia is considering selling oil to China in yuan – from the financial geniuses at Bloomberg:
I’m not a racist or anything, but I did have to chuckle a bit when I clicked that headline and found that this face was laying down the hard facts for me:
I don’t really understand what it even means that it is “symbolic.”
The article is not even remotely serious. Nor is the video with that talking gorilla.
What they say is that it’s intended to “send a political message,” and this is somehow different from “drastically altering the global economic landscape.”
One point that is made is that Saudi’s currency is pegged to the US dollar, so they wouldn’t really want to collapse the US dollar. However, that isn’t really how fiat currency works. If the yuan became the primary currency in which oil is traded, it would just mean the Saudis would peg their currency to the yuan. The value of any fiat currency is based on the productivity of the nation – except in the case of the dollar, where they are able to back their currency with debt they are able to export due to their status as a global superpower with a formerly absolute ability to manipulate not only the global economy but global events in general.
Some experts on the topic would say that the US dollar hegemony is backed by the US military’s dominance. If that is true, then the Afghan withdrawal and this current lunatic debacle in the Ukraine would both be signs that the dollar is on the ropes.
Most Americans don’t really understand the importance of dollar hegemony. It’s effectively the only reason that the US is not a third world country. The stock market’s value and the value of property and other assets is a result of money being sucked out of the global economy, directed into Wall Street, via the dollar swindle.
I Don’t Know Who’s Great Resetting Who Anymore
India is preparing to make non-dollar oil trades with Russia in the wake of US sanctions. Ultimately, those trades will be made in yuan. All global trade between countries not controlled by the US will be made in yuan.
But the Gulf states are the big one, and if they decide to go all in with China, then the entire Western economic order collapses, almost immediately.
As far as I can tell, this is all more or less a done deal. It’s just a matter of watching it play out. I don’t see any real options for the West at this point – certainly not for America, which can’t really recover from anything at all after having gone all in on crushing the souls of its core producers – WHITE MEN – and replacing them with diversity.
It’s also incredible, as I’ve stated repeatedly through this process, that the US has targeted the Russian people as a race as a result of this border skirmish in the Ukraine. I had just assumed that the plan – whether it would work or not – was to use the Ukraine to try to drain Russia, then push for a color revolution inside of Russia. But that is now totally off the table, in large part as a result of targeting sanctions at normal Russian people.
The only possible move at this point is to start a real war with Russia, and then presumably China at the same time. I just don’t see any other move. Maybe US/NATO still has enough military superiority that if they went right now they could pull that off? Honestly, I have no idea.
Basically, I stand behind all of the core predictions I’ve been making for years now – one of which was that the US elite is actually too cowardly to start a nuclear war. The people claiming that we could win such a conflict are the same people who said that the Kabul government would stand for at least six months – they were off by roughly five months and 29 days.
So if you’re a pedophile or other pervert in Washington, or a deranged old man, then do you really have the nerve to bet that the US can win a nuclear war, that you won’t get nuked, and that if you do get nuked you can escape to an underground bunker and live out the rest of your life in a Fallout-style Vault?
In Fallout lore, most of those Vaults didn’t turn out so well.
I’m also not really convinced that these underground bunkers that were built during the Cold War have even really been maintained.
We will see if hubris can trump rational self-interest and kick off WWIII. It’s certainly possible. But I’d say the chances are lower than 20%. I think there’s an 80% chance that the people in Washington are going to keep choking, and when the dollar collapses, they will just try to maneuver into becoming a third world type elite class.
(For those who don’t know, third world countries have massive peasant populations, and tiny ultra-wealthy elites who live in castles and drive around the crowded streets in Lamborghinis. No peasant will touch them, as they all know that the police exist for the sole purpose of protecting the elite.)
This is among the many reasons I’ve told people to move out of the cities. If the American elite do manage to transform themselves into a third world style elite, there is simply no way they would be able to maintain control over the vast landmass of the US. It’s too big for the kind of authoritarianism that is necessary to sustain a third world elite on a third world budget. They will strike deals to buy goods from farmers, but they won’t attempt to govern them. They might try to maintain control of the land between the big cities on the coasts, making the map look like the 2000 AD map.
The other thing is that there will necessarily be massive Chinese economic influence.
Thus far, China hasn’t had any involvement at all in anything political in any of its client states, unless it directly relates to economics. In fact, their political influence is ridiculously low, as we saw with the recent (and really ongoing) debacle in Burma. If Burma had been a US client state, they would have sent in advisors if not peacekeepers to figure something out. But China did not even really address the political crisis in the country, despite having invested in it.
The same is true in Africa, Latin America, and other places where the Chinese deal – they have no desire to even take interest in domestic politics. This is obviously in stark contrast to the US putting sanctions on countries that don’t allow so-called “anal marriage.”
So, if we consider that, it’s likely that the current US elite wouldn’t be able to manage their positions very long, as they would be incapable of managing an economic relationship with China, and not serve as a good place for investment. American farmers could start selling to China rather than Mega-City One.
Ir’s all theoretical, of course. But on some level, there is real math involved, in the same way that there are finite moves that can be made in a chess game – and with every move that is made, fewer moves are possible.
With every turn, there are fewer possible moves.
For example, in this game, black has 37 possible moves:
This is the underlying concept of psychohistory in Isaac Asimov’s Foundation. I watched some of the horrible race/gender swapped Apple TV Foundation abomination recently, and though I’ve yet to go back and read the books – something it made me want to do – it did cause me to do some internet research on the concept of psychohistory (and by that, I mean what people usually mean when they say “I did research on the internet” – I read the Wikipedia entry). Asimov’s psychohistory is very similar to what I just described with the chess moves. You calculate the probability that any historically relevant group or institution will make a specific move, and you determine the probability of historical outcomes.
The thing is, we are pretty late game here, in terms of the American Empire.
There are not really very many moves left. Especially after the last few weeks.
If the current government would have just met the demands of Putin with regards to Ukrainian neutrality, they’d have several more moves than they have now. Even after Putin had invaded, they could have made very different decisions.
But as of March 16, 2022 – the moves are pretty much just either:
- Go full WWIII basically immediately – using some gassing hoax, and maybe a fake bombing in Poland, or
- Loss of dollar dominance and rapid decline into third world status as China assumes the role of dominant global superpower
I’m somewhat confident that if I was the age I am right now in 1999, I could have plotted this out. But at this point, if you can’t see the collapse of the empire coming into view, you really aren’t paying attention – or, like most, you’re in a state of denial.
I would argue that even very intelligent and competent people couldn’t salvage things at this point.
If I was made dictator tomorrow, I would immediately surrender Ukraine and remove all sanctions on Russia, then call up for negotiations on the surrender of Taiwan and the South China Sea in exchange for trade guarantees and peace with China. Then I would make drastic social changes in the US, restoring national pride and white heterosexual male identity, and begin a project to rebuild the manufacturing and energy industries while we have the lifeline from China.
But that would not be a plan for world domination, that would be the reestablishing of the 19th century model of a multipolar world. Everything about the current thinking in the entire West is still based around the whole “end of history” global government scheme, and there is just zero chance they are capable of completely transforming their thought processes. It’s either pull the trigger on a last ditch effort to establish this one-world order, or to choke, and fall back, with a bunch of yes men and outright morons explaining it all away as being part of the plan.