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Iran and Saudi Arabia reportedly agree to resume diplomatic ties and re-open embassies within two months

replacing petrodollar isn't hard, all you need is getting a few major exporters onboard to ditch it. Ending the dollar dominance however will take a few extra steps but there is already a roadmap, at its end, a common currency for the Global South.

Too many vulnerable and small economies fell victim to US FED's radical monetary policies last year and still suffering in deep crisis or waiting for IMF handout, it's high time for the international community to hit the Ffwd button on ditching US dollar
The fall of the Petrodollar would not hurt the US that much. It would hurt the baby boomers and that is the reason the Government is fanatical about maintaining the petrodollar. The petrodollar is the key medium that allows the boomers to splurge on luxury spending as well as to fund their delusionary expectations of a retirement in luxury.

If the petrodollar falls it would free the younger generations from tyranny. Americans under 60 would finally be able the coup and overthrow the boomers. The corporations would be forced to reshore or go bankrupt. The Debt load is merely a secondary concern however as millennials would likely just default on all debts; make a deal with China regarding taiwan and the pacific west of Guam, in return for china accepting the default. US would remilitarize and reindustrialize by reviving the armaments trade with Europe and Asia outside of China and Russia as they would have to pay for US heavy weapons or settle for being under Chinese control. The US would be heavily supplying the arms trade as it would be governed by millennials who don't share the Boomers obsession with Arms Control.

Most likely those countries would decide to accept the US weapons as they desire being independent while also joining the chinese economic partnership that whatever Belt and Road evolves into.
 
The fall of the Petrodollar would not hurt the US that much. It would hurt the baby boomers and that is the reason the Government is fanatical about maintaining the petrodollar. The petrodollar is the key medium that allows the boomers to splurge on luxury spending as well as to fund their delusionary expectations of a retirement in luxury.

If the petrodollar falls it would free the younger generations from tyranny. Americans under 60 would finally be able the coup and overthrow the boomers. The corporations would be forced to reshore or go bankrupt. The Debt load is merely a secondary concern however as millennials would likely just default on all debts; make a deal with China regarding taiwan and the pacific west of Guam, in return for china accepting the default. US would remilitarize and reindustrialize by reviving the armaments trade with Europe and Asia outside of China and Russia as they would have to pay for US heavy weapons or settle for being under Chinese control. The US would be heavily supplying the arms trade as it would be governed by millennials who don't share the Boomers obsession with Arms Control.

Most likely those countries would decide to accept the US weapons as they desire being independent while also joining the chinese economic partnership that whatever Belt and Road evolves into.

Without the hegemony of the U.S. dollar, the U.S. stock market, housing market, and bond market will all collapse.

All social conflicts will erupt immediately, let alone re-industrialization.

You have absolutely no idea about these.
 
Without the hegemony of the U.S. dollar, the U.S. stock market, housing market, and bond market will all collapse.

All social conflicts will erupt immediately, let alone re-industrialization.

You have absolutely no idea about these.
Only Boomers depend on those. All of Those things exists as currently constituted to prop up the Boomer's retirement. The Hegemonic state itself is not dependent on the petrodollar; However without the petrodollar the state would be forced to choose between funding the welfare state or maintaining the empire. The state has the ability and reserve funds to maintain one of these or the other but not Both. Millennials will force the state to choose the empire. Social security would be repealed, Medicare reformed, and medicaid eliminated altogether. Millennials will force also force the state to default on all debts.

Basically you have an increasingly feeble elder donor class forcing unsustainable burdens on a mostly able-bodied tributary class; at the moment this hasn't altered the status quo because the basic form of the economy is still intact and the petrodollar allows this system to be funded. Without the petrodollar if the elite chooses to maintain the social programs which mostly represent a burden for cohorts age early 50s and younger. In a petrodollar-less world the able bodied would simply slay their feeble overclass; it would not even be much of a fight.
 
Without the hegemony of the U.S. dollar, the U.S. stock market, housing market, and bond market will all collapse.

All social conflicts will erupt immediately, let alone re-industrialization.

You have absolutely no idea about these.

He will learn the hard way
 
Why does an "German", seemingly obsessed by the Mullah regime in Iran, care about what KSA or Arabs do in regards to Iran? Very strange.

I am solely writing the facts on the ground not fairytales or "feel good posts". I have seen this movie far too many times.

They sign this useless agreement and tomorrow Iran will continue smuggling weapons to Yemen and more Yemenis will die.

You are either incredibly naive or just an Iranian shill, probably both.

Well, even Himmler (!) vowed to not touch IRANIAN Jews in Germany after talking with Iranians.
Iranians without Arab DNA are Indo-EUROPEANS, many Germans see them from a racial point of view as their blood brothers.
Still even today.
 
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I think in next year around 2024 China will come out of the closet and publically declare support for Russia's war
That's what India wants, that's why installed our own in UK to give such provocative statement on China and Russia. This way both the west and the east will search for a common ground in India which in turn will benefit India.
 
That's what India wants, that's why installed our own in UK to give such provocative statement on China and Russia. This way both the west and the east will search for a common ground in India which in turn will benefit India.
stay on topic.
 

Saudi Arabia, Iran agree to continue efforts to establish ties

The two countries’ top diplomats agree to resume flights, officials’ visits and to facilitate visas for citizens.
IMG_20230406_093238_836.jpg

The foreign ministers of Iran and Saudi Arabia met in Beijing in the first formal meeting of the two countries’ top diplomats in seven years [Handout via Al Jazeera]
6 Apr 2023

Saudi Arabia and Iran have agreed to follow up on arrangements to reopen their diplomatic missions to Tehran and Riyadh respectively to resume flights and visits of official and private delegations and to facilitate visas for Iranian and Saudi citizens.

Saudi Foreign Minister Prince Faisal bin Farhan Al Saud and his Iranian counterpart, Hossein Amirabdollahian, shook hands in the Chinese capital, Beijing, on Thursday in the first formal meeting of the two senior officials after a years-long rift between Tehran and Riyadh that fuelled instability in the region.

“The technical teams will continue coordination to examine the ways of expanding cooperation including the resumption of flights and bilateral visits of official and private sector delegations and facilitating the granting of visas for the citizens of the two countries,” read a joint statement.

The statement comes after the two agreed in March to restore ties in a landmark agreement brokered by China – a move that experts say demonstrated Beijing’s increasingly influential role in the region in contrast to the diminishing role of the United States.

“The two sides stressed the importance of following up and activating the implementation of the Beijing Agreement, in a way that enhances mutual trust and expands the scope of cooperation, and contributes to achieving security, stability and prosperity in the region,” the statement added.
 
Well, even Himmler (!) vowed to not touch IRANIAN Jews in Germany after talking with Iranians.
Iranians without Arab DNA are Indo-EUROPEANS, many Germans see them from a racial point of view as their blood brothers.
Still even today.
For that Iran ambassador there invented a new branch of Jews and claimed Jews with Iranian ancestry are from that branch and have nothing with the rest of Jews around the world
 

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