This story is of vast importance but did not get much coverage in the mainstream media. Saudi Finance Minister Mohammed al-Jadaan, on a panel on “Saudi Arabia’s Transformation,” at the recent World Economic Forum talkfest, said that Riyadh “will consider trading in currencies other than the US dollar.” The short of the long of this is that the petrodollar, which essentially allowed the US to have a dream run and print what money it wanted, is at an end. It will be the start of a new alternative trading system, centred around communist Chinese power. That is just a gloss; the material from the Unz.com goes into details, but the end of the dollar will upturn American society in ways Americans are not prepared for, all at a time when nations are lining up for World War III. It could well be the girder that breaks the proverbial camel’s back.
https://www.unz.com/pescobar/global-south-gold-backed-currencies-to-replace-the-us-dollar/