Comments by "Jackie Wu" (@jwu1950) on "Xi Jinping Is Going to Saudi Arabia...What's Next for the US Dollar?" video.
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Bullshit !!! India and Russia are not major oil consumers. China is. The current inflation of 7%, 8% is the healthiest, and interest rate at 3% below the inflation is also the healthiest it can be. For decades of near zero to even negative inflation rate and interest rate, that's what is sick. Oil and gas, petroleum energy, will be worthless soon. The current hike in price is only men made and temporary. The middle East oil producing countries used to have USA as their largest client. Now, USA is their biggest competitor because USA manufacturing is a total loss, and they have more oil and gas for export then they need for their domestic use.
By making long term supply contracts with China, the gulf oil producing countries are making as much money as they can while the going is good, and they can use RMB to pay China to help with their infrastructure and industrial development when their oil run out or when oil become worthless due to greener energy alternatives.
China, USA, and Russia have been very smart in a kind of traceless co-operation, where they are openly at war with each other but in practice use a proxy war to defeat EU and UK. China, USA, Russia, and the Gulf oil producing countries are laughing all the way to the bank while the Ukraine conflict continues. None of them wants it to stop any time soon. UK and Europe are the only ones suffering along with the Sterling and the Euro. This game is to last a bit longer yet, and in the mean time USA is able to bring inflation and the fed rate to the healthiest level without costing a dime. What USA spent in Ukraine is peanuts compared to what it makes in higher oil and gas prices. See ? That is why they blow up the pipelines.
The outlook for US and world economy is rosy because of the end of the pandemic and because of new technologies in every sector. Space, communication, transportation, AI, Robots, finance, agriculture, defense, and entertainment are all making leaps and bounds in providing new high pay jobs and investment opportunities, in containing USA from making wars everywhere, and in bringing better co-operations and mutual benefits among all countries, through the Belt and Road initiative bridging China with the Middle East, Europe, Africa, Asia, and South America, even Australia and New Zealand.
Good night, USA !!! Good morning China !!! Long live Chinese Communism !!! Long live the thoughts of the great Chairman Mao !!!
May the love and the peace of Jesus be with us.
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Β Cyrus JanssenεπππππππππππΒ I am not a talk show artist. I just share the truth.
China is the dorminent oil consuming country for it is the factory of the world.
USA used to be a major oil consuming country, but now it is a major oil exporting country and a major competitor of the Middle East and Russia.
No one wants to use USD and fall under the control of the untrustworthy USA. RMB is the choice currency, period.
Inflation at 7%, 8%, and fed rate at 4%, 5% is the healthiest it can be.
B&R connects the world and contribute vastly to the well being of the economy and living standard of the world.
The new world order is a world of abundance and of win-win co-operation for mutual benefits, mutual support, and mutual respect. Gone is the US dorminated old world order based on a world of scarcity, winner takes all, law of the jungle, terror, and lose-lose.
Following the money, one can see China, USA, and Russia are big winners in the Ukraine war, UK and EU are big losers. Don't tell me USA, China, and Russia couldn't see that in advance.
Technological advance will ensure a bright future for humanity. Technological advances work their best in peaceful co-operation among all the countries. Apple, Tasla, and Huawei are prime examples. GPS, NASA, and Boeing sucks.
May the love and the peace of Jesus be with us.
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