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The End of the Petro Dollar??? (www.bizcommunity.com) 💵 Bank & Dollar Collapse 💸

posted 193 days ago by ModernMan1 193 days ago by ModernMan1 +158 / -0

Saudi Arabia's petro-dollar exit: A global finance paradigm shift

Saudi Arabia's decision to end its 50-year petro-dollar deal signals a shift in global finance, with implications for currency and digital transactions...

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– BooniesRedneck 1 point 192 days ago +1 / -0

Well, that’s an interesting theory. Here’s another one, the value of the petro dollar will crater because it will lose its worth because it will no longer be the global reserve currency.

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– Qled 1 point 192 days ago +1 / -0

And what are countries going to use instead? Euros? Chinese Yuan? Rubles? All of these are a joke compared to the dollar.

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– BooniesRedneck 1 point 192 days ago +1 / -0

Do you remember when the British sterling was the global currency?

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