Saudi Arabia Drops the Petrodollar: Another Blow to the U.S. Economy
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13 giu 2024 ·
11 min. 38 sec.
Adding to the continued "no confidence" votes in the current state of the U.S. economy and dollar, Saudi Arabia is poised to not renew a 50-year petrodollar agreement with the...
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Adding to the continued "no confidence" votes in the current state of the U.S. economy and dollar, Saudi Arabia is poised to not renew a 50-year petrodollar agreement with the US. This will allow the wealthy Middle East nation to trade petroleum in any currency. This coincides with a growing dedollarization movement. Swiss America CEO Dean Heskin and Chris Agelastos break down what happened and what this means for the U.S. economy, shifting global economic landscape and the dollar on the Secret War on Cash.
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Artcles referred to in this podcast:
https://www.bizcommunity.com/article/saudi-arabias-petro-dollar-exit-a-global-finance-paradigm-shift-670911a
https://www.islamicity.org/101965/saudi-arabia-just-ditched-the-u-s-dollar/
mostra meno
Call for your FREE copy of The Secret War on Cash newsletter: (800) 289-2646 or
Visit our website for more information: https://www.swissamerica.com
Call for your FREE copy of How the Coming Global Crash Will Create a Historic Gold Rush: (480) 548-2975
Follow us on Facebook: https://www.facebook.com/swissamerica/
Follow us on X (Twitter): @Swiss_America
Follow us on LinkedIn: https://www.linkedin.com/company/1023049
Artcles referred to in this podcast:
https://www.bizcommunity.com/article/saudi-arabias-petro-dollar-exit-a-global-finance-paradigm-shift-670911a
https://www.islamicity.org/101965/saudi-arabia-just-ditched-the-u-s-dollar/
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