Enter the Petro Yuan 😆
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[ZeroSum06] ⚠️ ☣️ ✨️ (zerosum06@noauthority.social)'s status on Sunday, 03-May-2026 07:15:06 JST
[ZeroSum06] ⚠️ ☣️ ✨️
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CapitalB (capitalb@noauthority.social)'s status on Sunday, 03-May-2026 08:13:09 JST
CapitalB
@ZeroSum06 what energy
Russia stopped its final pipeline yesterday.
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[ZeroSum06] ⚠️ ☣️ ✨️ (zerosum06@noauthority.social)'s status on Monday, 04-May-2026 05:05:56 JST
[ZeroSum06] ⚠️ ☣️ ✨️
Maybe to Europe. All it takes is 1 barrel to be sold in Yuan, Gold, Crypto, etc, and we're well beyond that
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CapitalB (capitalb@noauthority.social)'s status on Monday, 04-May-2026 05:28:45 JST
CapitalB
The Eurodollar is strong. Look it up. South Asia sold several tens of Billions (!) of high return T-Bills for weeks. Our media also said this is a shift. But the reason was that oil became suddenly more expensive and commercial banks needed dollar lendings. Right now they are rebuying bills like mad, bc the FED and the treasury understood that liquidity is more important than systemic risks.
Or in short, wake me up when Brazil sells to Nigeria in SDRs, Euros or so. -
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[ZeroSum06] ⚠️ ☣️ ✨️ (zerosum06@noauthority.social)'s status on Tuesday, 05-May-2026 01:32:49 JST
[ZeroSum06] ⚠️ ☣️ ✨️
Energy prices are still elevated. Asia been *dumping* EU bonds like they've been dumping US bonds.
Lest we forget euro dollars, whatever their perceived strength, it's tied to USD/worthless fiat
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