You do not have to take me seriously. I am not looking for approval, just pointing shit out. Whether you see things from the same perspective as I do, is of no concern to me.
The petrodollar is a reference to how the dollar is valued. When then President Nixon declared gold was no long required to back the dollar. Instead they persuaded OPEC nations, Saudi Arbia, to price oil in American dollars. Since then the Banking cartels have been pulling money out of thin air. Making the dollar valueless.
With China, Russia, India, Brazil, South Africa and many other Asian nation forming their own Banking System with gold to back their currency their economy will be rock solid. They will have their own trading partners to support their economies among themselves.
America is so in dealt and China holds the notes. Do the math, it equals a shit load of trouble is coming our way.
Russia has already stopped the natural gas flow through the Ukraine to the EU today. So whos move now!