Good luck.
I'm surprised no one is talking about Saudi Arabia effectively ending the petrodollar by declining to renew that contact.
This event displaces the dollar as the world's preferred currency, IMO. it may take a few years to play out, but the US may have just lost its reserve currency status.
The west apparently doesn't know just yet.
GrumpyG / GrumpyGardener
npub159w…csm3
2024-06-10 01:26:45
in reply to nevent1q…ss4h
Author Public Key
npub159wczz79n0x95p4vq5rggdkhz36u3852n8xfwv3u4ehdylrnr97qnpcsm3Published at
2024-06-10 01:26:45Event JSON
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"content": "Good luck.\n\nI'm surprised no one is talking about Saudi Arabia effectively ending the petrodollar by declining to renew that contact. \n\nThis event displaces the dollar as the world's preferred currency, IMO. it may take a few years to play out, but the US may have just lost its reserve currency status.\n\nThe west apparently doesn't know just yet. ",
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