A dollar collapse is now in motion – Saudi Arabia signals the end of petro status
The decline of a currency’s world reserve status is often a long process rife with denials. There are numerous economic “experts” out there that have been dismissing any and all warnings of dollar collapse for years. They just don’t get it, or they don’t w...
Ponder this: It could crush the yuan instead of the dollar.
The US dollar being the world reserve currency is not a good thing. That status has enabled too much stupid shit to go on for far too long.
It will be interesting to see what replaces it - assuming that a new world reserve currency really happens this time.