Saudi Arabia has dropped the petrodollar and is reorienting its trade to align with China and its digital RMB system. What are your predictions?

I thought this was largely fake news that crypto sites were generating. That specifically, the US and KSA are just in the process of hammering out a new agreement. And that even if some oil contracts are in other currencies, they are still indexed to the USD.

My prediction is that people will keep getting news about the Petrodollar from sites that flog crypto and gold

The news about a 50-year old petrodollar agreement expiring that's been spreading through social media is completely made up. I think it was "BRICS News" on Twitter who first posted it, and that account is known to post fake news and never links to a source.

They could just play the US and China against each other to get the best deal out of each. That's typically the playbook for regional powers in bipolar and multipolar settings.

• middle east conflict expands and intensifies, news of it narrows under tight restriction by legacy media
• prices of energy, food and most consumer products steadily climb
• interest rates are raised to "cool inflation" sparking stagflation, unacknowledged by media & further entrenching institutional distrust
• class tensions heighten as newsreaders insist "economy is strong" while layoffs, homelessness, and untreated disease all trend upward

They’re going to adapt Javier Millei Thought and accept milk and meat for oil