Multi-Polar Rise Continues: China Offers Gold to Back Up Trading Oil in Yuan
Nice 10 minute video on geo-political tectonic shifts coming to the currency used to trade in oil. Big profits in petrodollars will be lost to US capitalists if this new system is put in place. No wonder China is demonized here in the empire.
Watch at Global Research
Image from mining.com
About The Author
Bruce
Bruce Lerro has taught for 25 years as an adjunct college professor of psychology at Golden Gate University, Dominican University and Diablo Valley College. He has applied a Vygotskian socio-historical perspective to his four books: From Earth-Spirits to Sky-Gods: the Socio-ecological Origins of Monotheism, Individualism and Hyper-Abstract Reasoning Power in Eden: The Emergence of Gender Hierarchies in the Ancient World Co-Authored with Christopher Chase-Dunn Social Change: Globalization from the Stone Age to the Present and Lucifer's Labyrinth: Individualism, Hyper-Abstract Thinking and the Process of Becoming Civilized He is also a representational artist specializing in pen-and-ink drawings. Bruce is a libertarian communist and lives in Olympia WA.