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i deliberately avoided the petrodollar  adventure  , because to quote a friend on a different event that happened to the US , ' that has been coming for a long while '  meaning if you bully and blackmail often enough  , somebody will say and MEAN  .. NO more  ( or in this case NYET  ) , interestingly  it is the Saudis that have made this effective ( both in the rise and fall of the Petro-dollar )

now contrarian me thinks China does NOT want to be the reserve currency , but would be happy to be an important part of a currency bloc or in a basket of currencies  where China can still use fiscal levers to help control it's economy , but have influence in the global economy when needed

 have held and watched  BPT double in size for a transformational acquisition and manage not to implode  , i wonder if WPL can manage similar ( but on a global scale )

 on a different topic  , given there is pressure put on China ( and India ) to collaborate in the current bully campaign , one must wonder if China will start being more friendly to several ( energy-producing ) sanctioned countries , especially those needy of investment capital .