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Politics : Politics for Pros- moderated

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From: teevee3/13/2022 11:30:13 AM
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ig

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Thinking about Ukraine, there is much more at stake for the US. It appears Russia, China and Saudi Arabia are de linking oil trade from the US dollar. Note that Saudi Arabia would not accept a phone call from Biden. This is a grave threat to US dollar hegemony as the international trade settlement currency, and ultimately, US military hegemony. When Gaddafi tried to settle oil sales in a basket of fiat plus gold and excluded the US dollar, he was immediately killed. The Chinese Renminbi already is used for about 20% of global trade and increasing. This is a threat to US dollar hegemeny and the SWIFT system. As energy is the largest global commodity trade, if oil trade settlement is delinked from the US dollar, it would be the end of US global hegemony. From this perspective, WWIII is inevitable as the US will never willingly relinquish global US dollar, economic and military hegemony. Briefly, Putin has made himself the next "Gaddafi" and is now marked for death, as a lesson for China, the middle east and the rest of the world. It appears the only remaining question
is how quickly this escalates to nuclear war?
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