Petro Dollar vs. Euro, Yuan and Cryptocurrency … Sanctions Too!
This link is for those of you who wish to think about oil and its relationship to the Petro Dollar, Euro, Yuan and oil-related cryptocurrencies. Of particular interest is the below statement:
The question becomes: What does this mean?
>>>”Earlier this year, China launched its long-awaited yuan-denominated oil futures contract. While the general trading public remains cautious about buying into it, some have forecast that the yuan will eventually replace the greenback as the global oil currency. “<<<
The Biggest Threat To Dollar Dominance | OilPrice.com
Russia's large oil companies are asking Western commodity traders to pay for their crude in Euros as Washington looks…
And then there is the pesky matter of war where the US has the kettle burning hot in Syria, The Stan Region and several African nations. But Syria and Iran are real hotcakes for the US:
Why Potential For War
[NOTE: Much of this text was originally written on Steemit on April 12, 2018, under the title of: “Why War in Syria…
I conclude with a photo which very well describes the reality: