Saudi Arabia declares CHINA its “reliable partner”

The Dollar is Burning

Like the Weimar Republic, Zimbabwe and Venezuela, soon the only thing the dollar will be good for is burning it to heat your home.

The petrodollar is now on its last legs as Saudi Arabia has declared China to be its “reliable partner” for energy and trade. 

The USA, under the catastrophic leadership of fake president Joe Biden — who was planted in the Oval Office via a rigged election — has lost all credibility in the eyes of world leaders.

First, the US military couldn’t even hold its ground in Afghanistan and was beaten by local militiamen who gained possession of tens of billions of dollars in US military equipment during the rushed US evacuation panic. Next, the USA demonstrated its tyranny and warmongering insanity by taking part in the destruction of the Nord Stream pipelines that provide energy to Europe. 

Adding insult to injury, the corrupt US government, Treasury and private Federal Reserve have been printing money at a maddening pace, exploiting the special position of global reserve currency held by the dollar. The more dollars are printed, the more purchasing power is stolen from other nations that hold dollars. The current dollar devaluation has reached nearly 2% per month and continues to accelerate.

Once the petrodollar is repudiated by nations around the world, the dollar will collapse in value as nations dump it, sending a flood of dollars back to the USA where they will saturate the domestic economy. The result will be shocking price inflation in consumer goods (including food) followed by a suicide spiral of last-ditch money printing while the Fed buys up stocks, bonds, houses and expiring Treasury debt, effectively leading to self-immolation of the dollar currency.

Those left holding dollars will lose most of the value — perhaps 95% — and banks will resort to bail-ins or bank holidays to try to prevent bank runs.

At some point in this fiasco, the ability of the U.S. federal government to pay its own workers will grind to a halt, resulting in a collapse of the federal government’s financial solvency in something resembling the collapse of the Soviet Union in 1991. This will likely be followed by the breakup of the United States into smaller, regional nation states which will launch their own currencies, likely backed by a portfolio of gold and commodities (because no one will trust fiat currency merely on “faith” at this point).

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Dollar dominance scheduled for TERMINATION...