Marty's Ƀent
Issue #1303: The Saudis are looking to diversify
This move officially broke the severely cracked dam preserving the petrodollar's dominant position in the world of international oil trade.
This move officially broke the severely cracked dam preserving the petrodollar's dominant position in the world of international oil trade.
Don't be fooled. The currency you use is not immune to this.
It will be interesting to see how this story progresses in the future. It may turn out to be a great case study in poor decision making on the geopolitical stage as, again, the US seems to be putting some countries in positions in which they have no other options than to skirt the petrodollar.
