Sasse: Saudi oil deal with China is 'big, bad thing,' that could be sign of global shift away from U

[libertybele]

He is exactly correct. A shift away from the U.S. dollar would be detrimental and quickly devalue the dollar.

Sasse: Saudi oil deal with China is 'big, bad thing,' that could be sign of global shift away from US

News that Saudi Arabia is considering pricing oil sales to China using the Chinese yuan instead of the U.S. dollar has Sen. Ben Sasse, R-Neb., concerned the U.S. could be losing its footing on the world stage.

In an interview with "Fox News Sunday," Sasse said this development, along with how the war between Russia and Ukraine develops, could send a message to the rest of the world that could have a significant impact.

"Just this point of the Saudis pricing some of their commodity in Chinese currency or signaling that that’s where they’re headed, that is a big, bad thing," Sasse said. "But let’s take a bigger step up. The 10-year-out existential battle on the globe is between the United States and Western values against the Chinese Communist Party’s exported surveillance state oppression of peoples around the globe."..........

https://www.foxnews.com/politics/sasse-saudi-oil-deal-china-big-bad-thing-global-shift-from-us

[dfwgator]

Well gee sASSe, maybe if you had Trump's back, this could have been avoided.   Jerk.

[Kamaji]

Maybe that deal with Iran isn't all that the SJWs in the Bidet (mal)administration have pitched it as.