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PetroYuan Confirmed - China Completes First Yuan Settled LNG Trade (Dollar COLLAPSE)
For the first time, China has settled an international LNG deal in the Chinese currency, the Yuan. French TotalEnergies purchased 65,000 tonnes of natural gas from China via the Shanghai Petroleum & National Gas Exchange, in the first, but almost certainly not the last, PetroYuan deal.
This is an incredibly ominous sign for the reigning PetroDollar system, and a sign that the US Dollar may not have much time left as the world's sole reserve currency.
Saudi Arabia has also announced major investments into the Chinese oil refining sector, more deeply integrating the two nations' economies, and increasing the likelihood that China - Saudi oil transactions will soon also be denominated in Yuan.
If that happens, it could initiate the collapse of the US Dollar, as dollars currently held around the world for the purpose of purchasing petroleum, come flooding back into the US. Inflation & possibly even hyperinflation will be the consequence to the end of the PetroDollar, and a major war could even be the result.
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Video Breakdown:
00:00 China Has Completed It's First Yuan Denominated International LNG Transaction
05:24 The Petrodollar Has Not Been Abandoned... Yet
07:44 China & Saudi Arabia Deepen Economic & Energy Ties
#hyperinflation #petrodollar #silver #gold #china #yuan #petroyuan #stackingsilver #inflation
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