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

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Saudi Arabia's petro-dollar exit: A global finance paradigm shift (www.tbsnews.net) 🔍 Notable

posted 192 days ago by brain_dead 192 days ago by brain_dead +39 / -0

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

The crucial decision to not renew the contract enables Saudi Arabia to sell oil and other goods in multiple currencies, including the Chinese RMB, Euros, Yen, and Yuan, instead of exclusively in US dollars. Additionally, the potential use of digital curren...

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– HODLR 2 points 192 days ago +2 / -0

You would be correct, if I did my homework correctly 3 years ago, I am fairly prepared. Still going to suck though.

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– brain_dead [S] 1 point 192 days ago +1 / -0

Yes. It would suck still even for those prepared. For the unprepared, holding small toilet papers.

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