JOE LANGE

By An Old Piece Of Leather
More evidence of a worldwide strategic PLAN?
How do you bring centralized control of OIL to an end?
How do you permanently ādecentralizeā the most important energy source in the world?
The āPetro-dollarā deal between Saudi Arabia and the U.S. officially began unwinding in 2023 under Biden.
Since the 1970ās, Saudi Arabia had been only accepting dollars for oil, in exchange for military protection.
But in January 2023, the Finance Minister of Saudi Arabia, announced at Davos, that they would be open to trade settlements in currencies other than the U.S. dollar.
Then in November of 2023, Saudi Arabia signed a ācurrency swap agreementā with China. That allowed for bilateral trade in their local currencies, including the purchase of OIL.
But most people donāt know this:
Have you heard of āProject mBridge?ā
Itās a cross border digital payment system using multiple currencies and is being created as an āalternativeā to the centralized SWIFT payment system.
āTransactions on a new China-led digital currency platform have surged to over $55 billion, a new report shows, the latest sign that efforts to build alternatives to dollar-dependent global payment systems are gaining traction.
Data crunched by the Washington-based Atlantic Council showed the prototype āmBridgeā platform, which is being ātested by central banks in China, Hong Kong, Thailand, the United Arab Emirates and Saudi Arabia, had now processed more than 4,000 cross-border transactions.ā
āThe cumulative $55.5 billion value of those payments represents a roughly 2,500-fold increase since the projectās early days of 2022, with the digital yuan estimated to now account for approximately 95% of the volume.ā
āRecent Peopleās Bank of China (PBOC) figures showed it had processed more than 3.4 billion transactions worth roughly 16.7 trillion yuan ($2.4 trillion), a more than 800% leap from 2023.ā
āRather than seeking to displace the dollar outright, China and its counterparts are building parallel settlement rails, Chhangani said, that reduce reliance on existing dollar-based systems.ā
An 800% increase in transaction volume from 2023, when China made the ācurrency swap agreementā with Saudi Arabia.
A āparallel payment system.ā
Hereās where the media narrative has it wrong:
The recent actions by Trump, are NOT designed to āpunishā China and take away their oil supply, because they are our greatest adversary.
Whatās happening, is a global REALIGNMENT of OIL trade, in order to PREVENT centralization of energy in the FUTURE.
Regional supply chains are being firmly established and multiple OIL supply routes are being āsecuredā for the future economic boom times ahead.
Venezuela has now become a major oil supplier for the western hemisphere AGAIN.
This will help drive economic growth throughout the Americas by lowering energy costs in the future.
The military operations in Iran, are now securing OIL transportation in the Middle East for the FUTURE too.
For many decades, Iran has threatened OIL trade through the Strait of Hormuz and caused disruptions along with spikes in prices.
Trump is ending that threat.
What the media is ignoring, is how much that will benefit China in the future, given their trade deals with Saudi Arabia.
Saudi Arabia is going to be an important resource of energy for China and all of Asia in the future.
A āstableā supply with predictable prices.
India will also benefit.
The eastern hemisphere will hugely benefit from the effort Trump is making in Iran.
As I have said for years.
Trump, Xi and Putin are working together to rid the world of centralized cabal control.
While the media paints China as the enemy and Trump cutting off their oil supplies in Venezuela and Iran, the truth is, Xi knew both of these operations were coming in advance and ALREADY prepared for the āOIL shockā in supply and prices.
Remember the trade deal China made with Canada?
The table was being set back in 2019.
