Topic: Petroyuan

1 chapters across the catalog

Undercount of Color
Episode 1020 2:33:29 - 2:35:54

1020: Undercount of Color

China, Oil Payments in Yuan

China is reportedly taking steps to pay for oil imports in Yuan instead of US Dollars, a move that threatens the "petrodollar" system. The hosts discuss the historical consequences for leaders like Gaddafi who attempted to bypass the dollar. They speculate on potential US responses, including economic sabotage or supporting political dissidents within China.