pull down to refresh
0 sats \ 3 replies \ @BlokchainB 3 May
@Solomonsatoshi
USA > China in oil reserves.
Now spin this fact into a positive for China and terrible for USA.
reply
0 sats \ 2 replies \ @Solomonsatoshi 3 May
I don't need to.
It does not refute or even address any of the many facts and issues I have already raised and that you cannot refute.
Will say though that the US consumes/squanders vast quantities of energy/capita and is hugely inefficient in that very high energy consumption habit it has developed.
Can also say that now Iran and Russia both sell their oil and gas to China (at a discount to world market prices) and that the payment for these energy sales is not done via USD or SWIFT- it is done via Chinas already operational shadow banking network and demonstrates to all other nations that USA sanctions do not paralyze Iran and Russia and that in fact both Iran and Russia can continue to attack US allies due to Chinas trade and trade payments support.
China gets discounted energy and enables continued and very costly (to the US) attacks upon US associates.
Sun Tzu surely nod sagely in approval.
China can both buy their energy exports and supply their needs regarding manufactured goods and by proxy attack the mighty imperialist USA while keeping its hands clean of any direct involvement.
All the while the Russians are supplying China with nuclear submarine and other military tech upgrades...because Russia is now hugely dependent upon Chinese patronage- as is Iran.
If the Saudis start selling oil denominated in Yuan, petrodollar demise is imminent.
By the way, they have already!
reply
0 sats \ 1 reply \ @BlokchainB 3 May
Another spin
reply
0 sats \ 0 replies \ @Solomonsatoshi 3 May
Try addressing the facts and issues raised in a credible reasoned manner if you can.
Again you show you cannot.
BTW Iraqi and Venezuelan oilfeilds are now increasingly operated by Chinese engineers.
USA is losing its hegemony over multiple resource supply chains.
reply