China Plans to Break Petrodollar Stranglehold

Nations hit hard by US sanctions, such as Russia, Iran and Venezuela, will be among the first to embrace the petroyuan. Smaller producers, such as Angola and Nigeria, are already selling oil and gas to the world’s second largest economy in Chinese currency.

8 thoughts on “China Plans to Break Petrodollar Stranglehold

  1. Well, I believe that China has a better chance of bringing this about especially seeing as how the BRICS have been quite determined to leave America in the dust with regards to forging a different path to the future. Other nations and countries are quite tired of being bullied by the U.S. Military Industrial Complex. They are tired of the U.S. using its military might to destabilize sovereign nations and to foster terrorism, globally. I’d leave this shithole in the dust too and so kudos to China for attempting to do so!

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  2. Shelby, I have to admit to having a lot of the same feelings when I see the possibility of American capitalists finally getting what’s coming to them. I’m convince if they’re not stopped, they are perfectly willing to destroy the planet.

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