RT Nick Szabo (@NickSzabo4)Not only is the Zionist cult losing the war, but two big historical developments are resulting from that loss:(1) a new maritime shipping regime for the 21st century where coastal states will have a much greater say in making and enforcing the rules, and(2) the birth of the petroyuan. ...

Core Viewpoint - The dominance of the U.S. dollar in global trade, particularly through the "petrodollar" system, is being challenged by geopolitical tensions, particularly the U.S. conflict with Iran, which may facilitate the rise of China's currency [1][4]. Group 1: Petrodollar System - The petrodollar system originated from a 1974 agreement where Saudi Arabia priced its oil in U.S. dollars and reinvested surpluses in U.S. assets [1]. - Oil's critical role in global manufacturing and transport incentivizes supply chains to use the dollar, as oil is priced and invoiced in USD [2]. - The U.S. provided security guarantees to Saudi Arabia in exchange for its dollar recycling, which included military support and ensuring navigation in the Strait of Hormuz [2]. Group 2: Current Geopolitical Landscape - The U.S. military presence in the Middle East has changed, with Iran still capable of threatening the Strait of Hormuz, potentially leading to transactions in Chinese yuan [4]. - Iran's military capabilities have inflicted damage on U.S. assets, complicating the security of Gulf energy infrastructure [5]. - The petrodollar system has faced pressure from U.S. sanctions on oil from Russia and Iran, leading to increased use of alternative currencies like the yuan [5]. Group 3: Digital Currency Initiatives - Saudi Arabia's participation in the mBridge project, a digital currency initiative led by China, indicates a shift away from dollar reliance in payment systems [6]. - The ongoing conflict may further challenge the U.S. security framework for Gulf infrastructure and maritime security for global oil trade [6].

RT Nick Szabo (@NickSzabo4)Not only is the Zionist cult losing the war, but two big historical developments are resulting from that loss:(1) a new maritime shipping regime for the 21st century where coastal states will have a much greater say in making and enforcing the rules, and(2) the birth of the petroyuan. ...

RT Nick Szabo (@NickSzabo4)The current oil disruption is just a little blip in history. China has large strategic reserves and isn't going to let anything so temporary bother them. It's not like they have an electorate that will get mad about gas prices and vote them out of power.The previous Middle East situation was unsatisfactory for China. The GCC states are essentially proxies of China's superpower rival, the U.S., and in any major escalation between China and the U.S. they would have at U.S. behest cu ...

RT Nick Szabo (@NickSzabo4)Not only is the Zionist cult losing the war, but two big historical developments are resulting from that loss:(1) a new maritime shipping regime for the 21st century where coastal states will have a much greater say in making and enforcing the rules, and(2) the birth of the petroyuan. ...

RT Nick Szabo (@NickSzabo4)A conjecture:Perhaps the U.S. and Israel started this war pre-emptively after all.Not because of the obviously phony nuclear story.Because of Hormuz.Gold's price typically reflects not just major financial risks, but major geopolitical risks such as war. So why did gold rise in the year *before* the war, instead of *during* the war? Why is it falling now while the war is still going on?Who was buying the gold, driving its price up? China.Who, according to my conjecture, was planni ...

A conjecture:Perhaps the U.S. and Israel started this war pre-emptively after all.Not because of the obviously phony nuclear story.Because of Hormuz.Gold's price typically reflects not just major financial risks, but major geopolitical risks such as war. So why did gold rise in the year *before* the war, instead of *during* the war? Why is it falling now while the war is still going on?Who was buying the gold, driving its price up? China.Who, according to my conjecture, was planning a war to take control of ...

RT Nick Szabo (@NickSzabo4)Not only is the Zionist cult losing the war, but two big historical developments are resulting from that loss:(1) a new maritime shipping regime for the 21st century where coastal states will have a much greater say in making and enforcing the rules, and(2) the birth of the petroyuan. ...

RT Nick Szabo (@NickSzabo4)The longer the GCC waits to make peace with Iran, the more likely this outcome. The earlier they sign the better the terms.The why is quite simple. Hundreds of thousands of square miles of Afghanistan-like terrain dotted with tunnels and caves, which can be filled with missiles and drones made from a practically infinite supply line of Chinese parts.China would love such an extended proxy war because (a) the U.S. will have to divert even more resources away from East and Southeast ...