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Re:China sees new world order with oil benchmark backed by gold by patrickg_zill on Sunday September 03, 2017 @04:28AM (#15160311)
So far, between 1971 and now, any country attempting to get past the petro dollar has been stopped by revolution, war, etc.

What pressure or leverage can the USA put on China? My view is: more pressure is wanted , than is available...

Re:China sees new world order with oil benchmark backed by gold by ilaksh on Sunday September 03, 2017 @05:25AM (#15160483)
The only pressure unfortunately that I know of is the most massive, deadly, and technologically advanced military the world has ever seen. I worry that since supposedly North Korea is nominally an ally of China, all of these North Korea nuclear/atomic weapon headlines are aimed towards an eventual trigger for World War III. They will say its about an evil dictator and a bomb or something, but really it will be about the petro dollar and global power.