Is the Petrodollar collapse a game changer?
3 months ago
13
Is the petrodollar collapse a game changer for the US Economy? Saudi Arabia took a bold step to drop the Dollar as the world reserve Currency, trading with oil for all nations. They have joined BRICS Nations who are keen on DE dollarizing the world. Oil will now be traded by different currencies for the first time since June 9, 1974. Russia and China are the two major Countries spearheading the efforts to dethrone the mighty dollar. They blame the US for weaponizing the dollar, using to hurt other nations through sanctions. The world is fighting against the US in the ring. Will the US survive this fight where bunches are coming from every angle, some landing on the balls.
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