The “Petroyuan” ecosystem represents a strategic architecture engineered to circumvent the Western banking system. Through the Shanghai International Energy Exchange (INE) and the Cross-Border Interbank Payment System (CIPS), China and Iran have forged a closed-loop energy settlement framework — one that effectively neutralizes the leverage of traditional financial sanctions.
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The most underreported story in all of this is how Iran is demanding that ships passing through the Ayatoll Booth™ denominate their payments to their end receivers in Chinese Yuan. This is a deliberate attack against the Petrodollar and an attempt to unseat the T-Bill as the global reserve currency.
It may only be the first crack, but should we be unwilling to defend the Petrodollar and countries like Japan, Taiwan, Korea, and Aus
The era of America “living within its means” also comes into being which, conservatively, means a 20% reduction in the size and spending on the military in general. It probably means the collapse of finance as we know it in America, the implosion of our unsustainable health care system, and widespread gutting of everything from basic social service to transportation and power/water infrastructure. It would be a massive plug pulling on everything that currently sustains the American way of life.
A bit too exaggerated IMO, going away from USD as the global reserve currency will hit us hard with our huge national debt which Trump is increasing in an alarming pace. So a downturn for US economy would occur, but in my view not a massive plug pulling.
All our never ending unnecessary wars and tariffs causing extra tax burden for our American companies are more imminent threats for the American way of life
I like the way it duplicates the panel on Indo-Pacific Security Collapse in the section on US Fiscal retrenchment, and how the graphics top right and bottom left are essentially the same. And how the hand is feeding Yuan into the ox thst says Dollar Demand, which is also duplicated in the other quadrant of that panel.
You did an awful lot with very little… I’ll give you a 3/10.
Hahahah
The petroyuan? Have you not been paying attention? China can’t do anything compared to what the US can do.
We’re still waiting for a PLA navy ship sent to the strait…anything!
A toll booth? Now you’re setting a precedent. Should the US start setting up toll booths? The US has a formidable navy and will get the money.
Panama canal…suez canal…the east end of the strait where our carriers currently chill…the strait of malaca…Man oh man who will need tariffs when we start puttin tolls?
the Yuan is still 5% to America’s 60% of world trade bro…
Check out why the US took out Saddam Hussein…he tried to create a petro euro. No one has tried since.
Oh..Libya tried to escape too…didn’t work out too well for them either.
America’s GDP is bigger then the next 4 combined (China, Japan, Germany and India.)
One of America’s supercarriers has more power than the UK navy.
America has been playing a lot of carrot…but if countries start to seriously consider trying (read “trying”) to escape the dollar and go to the yuan…it’ll be more stick.
President Zelenskyy has sent hundreds of drone experts to the middle east, and Asian countries are asking if Ukraine could help with the safe passage through the Strait of Hormuz.
Maybe you haven’t been following the Russian invasion of Ukraine closely in a while, but most of the drones that Ukraine’s using right now are built in Ukraine. Ukraine has found an effective way to build and deploy their drones that they have been gaining on the front line, and Russia has lost close to 10k solider in the past 3 months. Ukraine has also developed several types of novel drones, including a drone hunter capable to shooting down Russian/Iranian Shahed drones from the sky.
Yes, and that’s why they are helping out in Iran because Trump has been screaming online that no one’s helping. Also, it’s pay back for Iran giving all those Shaheds to Russia.
Lmao, we’re still waiting for the US to do so too.
Ah yes, Iran setting up tolls on waters bordering them is clearly very much a precedent for the US tolling ships coming through national waters entirely disconnected from our national waters.
Nevermind that this is not a good measure of living conditions.
Jingoistic nonsense aside, really fucked the dog with this one. The one vital strategic interest we have in Iran is oil, and it has looooong been known that the Strait of Hormuz being closed was the main response Iran would have to any US aggression towards them. It was the exact thing they did in 1984 with Iraq. And it is equally viable a strategy today.
So somehow straight from the very outset of this war, we have lost the single, vital strategic interest that we have in Iran. And for what, a dead Khomeni replaced with a living one.
And before we go on about the nuclear weapons, we had a deal for that. Imperfect, sure, but nonetheless. Mr. The Art of the Deal decided to waste the investment into this deal by just ripping it up instead of trying to negotiate it. Now they’re “making nuclear weapons.” Probably are. They’ve got the carte blanche now.
As this continues, oil prices will go up further, and the only solution is for Trump to chicken out or put massive amounts more into getting boots on the ground. And the more infrastructure we destroy within Iran – bridge day and powerplant day come to mind on his very christian Easter tweet – the longer it takes to get these supply lines running again. There’s also the chance they plug the wells, further slowing down the recovery.
It might be wise to read what some more intelligent people than us have opined about this conflict. Bret Deveraux, associate Prof at some uni in the us (forget which) has a write up here which goes through and sufficiently explains exactly why this war was a stupid fucking decision.
