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RichieAllen.co.uk Forum > On Topic > Biden's America > The Fall of the US Petrodollar
RichieAllen.co.uk Forum > On Topic > Biden's America > The Fall of the US Petrodollar

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The Fall of the US Petrodollar
Steve Offline
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01-19-2023, 01:19 PM (This post was last modified: 01-19-2023, 01:19 PM by Steve.)
Operation Sandman now activated as Saudis ditch the petrodollar - consequences to come

As we have consistently warned for more than a year, Operation Sandman has now been activated, with Saudi Minister of Finance, Mohammed Al-Jadaan, telling Bloomberg TV (during a WEF Davos interview) that the Saudis will gladly accept all currencies for settling oil transactions.
The foundational pillar of US global currency dominance and its ability to export inflation to the world is based on the so-called Petrodollar status, in which the US agreed to protect the Saudi kingdom in exchange for the Saudis demanding US dollars for all oil transaction settlements.
This arrangement is now coming to an end. Very few people have any real idea about what happens next.
But it won't be pretty for the dollar or anyone left holding dollars.

Get full details in today's feature podcast here.

https://www.brighteon.com/c83e5d1f-305d-...187d967c5b
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Messages In This Thread
The Fall of the US Petrodollar - by Steve - 11-04-2022, 06:00 PM
RE: The Fall of the US Petrodollar - by Steve - 01-19-2023, 01:19 PM
RE: The Fall of the US Petrodollar - by Steve - 01-30-2023, 01:30 PM
RE: The Fall of the US Petrodollar - by Steve - 04-18-2023, 08:13 AM
RE: The Fall of the US Petrodollar - by Steve - 04-19-2023, 04:44 PM
RE: The Fall of the US Petrodollar - by Steve - 09-06-2023, 03:28 PM

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