The petrodollar regime is under attack
When reading deeper into the information proved across the net and in the physical world we can see a trend starting where countries are increasingly considering how to dump the Dollar as their standard of trade. This of course is why many of the nations in question are facing sanctions or other economic bullying tactics. It looks like one of america's strategic allies is vontemplating dedollarization as well. This ally is a growing power and would be a huge loss for the United States interests economically.
India is looking to get friendlier with its regional allies and in such it has proposed to join in the dumping of the dollar to avoid the potential aggressive economic pressures Washington loves to use on its friends and foes. China, Russia, Venezuela, Iran and now India are part of an evergrowing group intending to free themselves from the economic imperialism of the united states. There are also rumors that the European union is pursuing alternative methods to trade outside of the Swift system and away from the dollar.
The transition away from the dollar will happen slowly but its effects will be felt globally. If you want to know what it might look like check out historical information on the dollar and its journey to fiat in the mid 20th century. It has been about 50 years since the monetary system moved away from hard money to fiat. Some think it is overdue for a change from this dishonest unaccountable system that has been manipulated for half a century.
