Thread by @Kanthan2030

“President Xi’s visit with Saudi and GCC leaders marks the birth of the petroyuan” — Zoltan Pozsar.

Americans are crying about the imaginary melting of glaciers, while oblivious to the dollar hegemony melting away.

#China #multipolar #geopolitics

Some more Zoltan:

“President Xi Jinping’s three- to five-year horizon means that by 2025, the GCC may be paid in renminbi for all of the oil and gas”!

“Invoicing of oil in renminbi will hurt the dollar’s might, but also means more inflation for the West.”

“Russia, Iran and Venezuela account for 40% of world’s oil reserves… and they are all now selling oil for Yuan.”

(Petroyuan = a reality)

Putin: “The creation of an international reserve currency based on a basket of currencies of our countries is being worked on.”

#BRICS

The tectonic changes in geopolitics over the next 3 years:

🔹Petroyuan
🔹BRICS+ and BRICS currency
🔹SCO bringing countries together (even Saudi Arabia and Iran)
🔹BRI and huge investments
🔹Russia-China no-limit partnership

Multipolar world with a new set of rules.

Here’s the full paper — War and Currency Statecraft.

He’s pretty much the only guy in the West who understands what the heck is happening in the world.

aheadoftheherd.com/war-and-curren…