Saudi Arabia Joins BRICS & U.S. Loses Petrodollar Partnership?
Saudi Arabia, a long-standing strategic petrodollar partner of the United States, has joined the BRICS nations (August 2023). Discover the implications of this unprecedented alliance and how it could reshape the balance of power in the international economic arena. I'll delve into the potential consequences for the U.S. dollar, global energy markets, and geopolitical dynamics. The Financial Almanac provides you with in-depth insights, and strategic perspectives on the ever-evolving world of finance. Don't miss out on this crucial information that could impact your investments and financial future. Subscribe now and stay ahead of the curve with The Financial Almanac.
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Legal Disclosure: This video is intended for entertainment purposes only and should not be considered financial advice for you. It is important to seek advice from a licensed professional before making any personal investment decisions. Any investments mentioned in this video are not to be taken as your investment recommendations. It is essential to note that investing in markets can result in losses, and investments that are not FDIC-insured or CDIC-insured can lose their value or disappear entirely. Therefore, it is important to exercise caution and make informed investment decisions. I am not responsible for any losses incurred due to attempts to imitate or follow my investment strategies.
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