China and Saudi Arabia's New Deal Means the US Petro Dollar Dies a Bit More

China and Saudi Arabia's state owned oil companies signed a memorandum of understanding committing to increasing their collaboration in oil production, refinery, etc. and most importantly Chinese security (military) forces on the ground in Saudi Arabia. China is quickly replacing the United States in the Middle East which means the Petro Dollar is weakening more and soon will die. This will cause the collapse of the dollar and more inflation.

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#China #usdollar #saudiarabia #brics

Articles:
https://oilprice.com/Energy/Energy-General/China-And-Saudi-Arabia-Intensify-Energy-Cooperation-With-Critical-Deal.html
https://www.zerohedge.com/markets/worried-about-curve-inversion-theres-more-come

Food shortages are here and will get worse. A dying dollar means you will be able to by less. Grow your own food to combat the food shortages.

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