Changes

The termination of the [[petrodollar]] system signified a profound shift in global [[economic]] dynamics, signaling the decline of American supremacy on the world stage. Established in 1974, the petrodollar agreement between the United States and [[Saudi Arabia]] cemented the [[U.S. dollar]] as the dominant global currency. This system required countries to [[trade]] [[oil]] exclusively in U.S. dollars, thus ensuring a steady demand for the American currency and bolstering the United States’ [[geopolitical]] influence. The [[Biden regime]] however unraveled this critical economic pillar.<ref>[https://finishtherace.com/ella-ford/americas-decline-the-petrodollars-end-and-its-implications/ Biden Signals The End Of America's Dominance With Latest Stupid Move], Ella Ford, June 26, 2024. /finishtherace.com</ref>

The termination of the [[petrodollar]] system signified a profound shift in global [[economic]] dynamics, signaling the decline of American supremacy on the world stage. Established in 1974, the petrodollar agreement between the United States and [[Saudi Arabia]] cemented the [[U.S. dollar]] as the dominant global currency. This system required countries to [[trade]] [[oil]] exclusively in U.S. dollars, thus ensuring a steady demand for the American currency and bolstering the United States’ [[geopolitical]] influence. The [[Biden regime]] however unraveled this critical economic pillar.<ref>[https://finishtherace.com/ella-ford/americas-decline-the-petrodollars-end-and-its-implications/ Biden Signals The End Of America's Dominance With Latest Stupid Move], Ella Ford, June 26, 2024. /finishtherace.com</ref>

Saudi Arabia, the world’s second-largest oil producer behind [[Russia]], announced its intention to move away from the U.S. dollar in its oil transactions, opting instead to accept payment from [[China]] in [[yuan]].<ref>[https://thefederalist.com/2022/06/13/biden-to-world-russia-oil-sheiks-and-china-control-the-u-s-economy/ Biden To World: Russia, Oil Sheiks, And China Control The U.S. Economy], BY: MARGOT CLEVELAND, ''The Federalist'', JUNE 13, 2022. thefederalist.com</ref><ref>[https://www.unz.com/aanglin/bloomberg-informs-dumb-retards-that-saudi-selling-oil-in-yuan-is-no-big-deal/ Bloomberg Informs Dumb Retards That Saudi Selling Oil in Yuan Is No Big Deal], ANDREW ANGLIN • MARCH 16, 2022. unz.com</ref>

Saudi Arabia, the world’s second-largest oil producer behind [[Russia]], announced its intention to move away from the U.S. dollar in its oil transactions, opting instead to accept payment from [[China]] in [[yuan]].<ref>[https://thefederalist.com/2022/06/13/biden-to-world-russia-oil-sheiks-and-china-control-the-u-s-economy/ Biden To World: Russia, Oil Sheiks, And China Control The U.S. Economy], BY: [[Margo Cleveland]], ''The Federalist'', JUNE 13, 2022. thefederalist.com</ref><ref>[https://www.unz.com/aanglin/bloomberg-informs-dumb-retards-that-saudi-selling-oil-in-yuan-is-no-big-deal/ Bloomberg Informs Dumb Retards That Saudi Selling Oil in Yuan Is No Big Deal], ANDREW ANGLIN • MARCH 16, 2022. unz.com</ref>

====Energy crisis====

====Energy crisis====