'Black Swan' June 9th prediction about petrodollar agreement ending is almost certainly fake - more in comments - The Great Awakening

'Black Swan' June 9th prediction about petrodollar agreement ending is almost certainly fake - more in comments (www.1arabia.com) ECON & BANK COLLAPSE 💸

posted 162 days ago by JonathanE 162 days ago by JonathanE +140 / -1

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– JonathanE [S] 20 points 162 days ago +21 / -1

I've been seeing this 'news' crop up in a few places so I decided to do some digging.

First off, the original agreements were along the lines of a working model, not an official agreement with a specified end date.

I've also been trawling the financial news in numerous places and found nothing to corroborate the claims being made about Saudi not 'renewing' this agreement.

That isn't to say something isn't in the offing, it could well be. There's plenty of news about Saudi moving away from the dollar and accepting other currencies, but nothing like this kind of 'announcement'.

Diligence required.

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– Greatheart 2 points 161 days ago +2 / -0

I think the only way for this to be real is for Saudi to have secured military protection from someplace else. Becase of the Petrodollar Saudi is protected by the US military. That is not something they can just throw away.

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– JonathanE [S] 1 point 161 days ago +1 / -0

I picked up on that too, although there has been talk of Saudi obtaining weapons from both Russia and China, but no-one mentioned anything about personel, because sure as shit the Saudi's are pretty useless on their own - or at least they were 30 years ago when I was last there.

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