The Petrodollar’s Long Goodbye

Consortium News has the article The Petrodollar’s Long Goodbye.

China has three advantages which aid this diversification that the U.S. does not: a complete industrial system, a new type of productive force (immense-scale infrastructure project management and development) and a vast growing consumer market.

The USA hasn’t the foggiest idea of the possibility of win-win situations in international trade. These other countries see the promise of what the USA cannot even imagine.

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