The sovereign states explode as soon as they say it. Israel, the little overlord of the Middle East, broke through again. Under the banner of attacking the senior leaders of Hamas, bombed Doha, the capital of Qatar. 15 fighter jets dropped about 10 missiles, not only pushing the situation in the Middle East into another abyss, but also making the Middle East countries that rely on US defense a great alarm. Qatar, which has such a close relationship with the United States, was attacked by Israel, so who will be the next turn? Trump urgently distanced his ties, but we have to pay attention to a question: is Israel's attack on Qatar going to dig a grave for the US dollar?
Israel air strikes on Qatar
Trump entered the palace for the second time and used the Middle East as his first visit, not a temporary intention, but to consolidate the US monetary hegemony.
In May, the Shanghai Gold Exchange established its first overseas gold delivery warehouse in Saudi Arabia, the core area of the traditional petrodollar system, and simultaneously promoted the layout of warehousing facilities in key international financial centers such as Hong Kong, Singapore, and Switzerland.
This strategic move seems ordinary, but actually contains profound intentions for the transformation of the monetary system, indicating that in the future, overseas RMB holders can exchange RMB for physical gold at any time when facing currency credit risks, and can quickly complete physical extraction based on the nearby warehousing network.
This move directly greatly improved the credit level of the RMB, realizing the indirect link between the RMB and gold. More importantly, to exchange RMB for gold, it means that Saudi Arabia and other countries must have RMB first.
This means that China's move is directed to oil. As the core member of OPEC, if Saudi Arabia can accept RMB to settle oil, and these RMB can be easily converted into gold, it is equivalent to creating a new "oil-RMB-Gold" triangle cycle in the Middle East, directly impacting the oil dollar. Faced with this situation, how could Trump sit and wait for death?
The second visit to the palace will choose the Middle East and signed a large order worth 3.2 trillion yuan with Saudi Arabia, Qatar and the UAE. This is not the sudden discovery of Trump's conscience, but the desire to further deepen the close cooperation with Gulf countries in the field of artificial intelligence, which can not only attract huge investment inflows, but also establish its dominance in the region of technical standards and ecosystems.
This move aims to shape the Middle East as the third largest core region in the global AI computing power field, thus ensuring that in the post-oil era, the region's economic system remains closely linked to the US dollar cycle.
What is particularly important is that the United States' layout of computing power infrastructure in the Middle East will encourage relevant construction parties to use US dollars to purchase chip products from companies such as Nvidia. This process essentially promoted the transition from the petrodollar to the computing power dollar, finding and establishing new anchors for the US dollar system.
However, Israel is now directly attacking Qatar, making other Gulf countries alert.
Dig a grave for the hegemony of the US dollar?
You should know that Qatar is a close ally of the United States in the Middle East and a sovereign state. What is more ironic is that at the time of the incident, the senior Hamas leaders were discussing a ceasefire plan proposed by the United States in Singapore. Now with the missile attack, everything has gone into nothing.
The role of the United States is even more interesting. At the beginning, Yi Fang directly pointed out that Trump had approved it, and then changed his words to say that this was Israel's completely independent action. Trump also urgently distanced the relationship and claimed that he had notified Qatar in advance. However, Qatar directly denied the rumors. Trump only notified after the incident.
These remarks undoubtedly push the relationship between the United States and the Gulf countries into a complex situation.
The cartel has the largest military base in the Middle East. It not only stations thousands of U.S. soldiers, but also the front headquarters of the U.S. Central Command is located here.
In other words, if an air strike was to be launched on a country with such a large-scale US military base, why would the United States not know about it in advance?
To put it bluntly, the United States directly gave Israel a green light.
More ironic is that the air defense system purchased by Qatar from the United States at a sky-high price identified Israeli enemy aircraft as "friendly forces", directly exposing the consequences of the United States protecting Israeli military superiority to the Gulf countries.
Trump is ambiguous and is actually secretly supporting Israel. What do these countries that support the petrodollar think?
After this, does the United States still have credibility in the Middle East? As CNN said, "Qatar, which is so close to the United States, has been attacked by Israel. Who will be the next turn?"
If the United States cannot fulfill its promise, what will Saudi Arabia and other countries think?In fact, Saudi Arabia has long begun to contact Dongda University and has established local missile and drone manufacturing capabilities through close cooperation with Dongda University's companies. From 2013 to 2023, the weapons exported to the Middle East increased by 80%. Although it is far lower than the United States, Israel's move may cause more Gulf countries to consider Dongda University.
More importantly, Saudi Arabia has long wanted to get rid of its dependence on oil and turn to a country that relies on technology and innovation to gain a foothold, and has reached a series of cooperation with Chinese companies, especially new energy.
From this perspective, if the trade war launched by Trump is a shake of the foundation of the US dollar, then Israel's attack on Qatar may further shake the hegemony of the US dollar. #MCN double-quantity advanced plan#
Information source: "Qatar Prime Minister: Netanyahu kills any hope of Israel's hostage release" Observer Network
