Spring has Sprung, and
Change is in the Air

Did the petrodollar die this week? It is at least the beginning of the end, as oil is sold in yuan and countries like Russia are placing much of their wealth into yuan. The banking sector in the west is still feeling the shock of the bank failures last week, as other banks sit at the brink of collapse. Lula had planned a trip to China but caught pneumonia. I wonder what they plan to discuss, perhaps a Ukraine peace plan? Meanwhile things are not going well for Ukraine as Russian forces continue their advance.