Saudia Arabia Offers a Major Win for De-Dollarization| A Hit to Dollar’s Oil-Market Supremacy!
WELL, WELL, WELL, the financial world is poised for a significant upheaval following Saudi Arabia's decision not to renew its 50-year Petro-dollar agreement with the United States, which expired on June 9, 2024. This monumental decision marks a pivotal shift away from the petrodollar system, established in 1972 when the U.S. decoupled its currency from gold. The original security agreement, signed on June 8, 1974, created two joint commissions (1) focused on economic cooperation and (2) on Saudi Arabia's military needs, fostering close ties between the two nations. The lapse of this agreement signals a major transformation in global economic dynamics, with far-reaching implications.
Support the Channel:
https://www.paypal.com/donate?hosted_button_id=MNJJNMKHXKCMG
https://www.buymeacoffee.com/geopoliticaltrends
Support Asia Trip:
https://www.buymeacoffee.com/truthmatters
Buy my books:
https://buymeacoffee.com/geopoliticaltrends/extras
Check out today's show sponsor!
https://hillcrestenergy.tech/
CSE: HEAT | OTCQB: HLRTF
Disclaimer:
This video was conducted on behalf of Hillcrest Energy Technologies and was funded by Gold Standard Media LLC and/or affiliates. For our full disclaimer, please visit: https://portal.goldstandardir.com/disclaimer/HLRTF-224
DISCLAIMER: My channel, “Geopolitical Trends” is purely made for Educational & Information purposes, based on facts, published articles, and personal analysis. COPYRIGHT DISCLAIMER: It is important to note that under section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, education, and research. Fair use is a use permitted by copyright statutes that might otherwise be infringing.
-
38:24
LenaPetrova
21 hours ago🚨 Project mBRIDGE Explained: BRICS, Multi Currency Reality Via New Blockchain Settlement System
65.7K11 -
9:43
China Uncensored
16 hours ago $3.99 earnedChina's Economy is in Free Fall
88K27 -
3:25:44
Making Art
19 hours ago $17.77 earnedLive Painting - Making Art 6-29-24 - Morning Coffee Paint Sesh
101K38 -
3:23:08
Power Slap
10 days agoPower Slap 8: Da Crazy Hawaiian vs DVH | Paige VanZant and Dumpling | Friday June 28 at 9pm ET / 6pm PT
1.7M229 -
1:09:30
Man in America
1 day agoWas the Debate a Train Wreck? Victory? Pysop? or... ?
150K197 -
10:27
Taylor Alesia
1 day ago $56.91 earnedOur sexually desensitized society
132K292 -
6:33
Gamers Unbeaten
1 day ago $17.32 earnedThe Tao of Fall Guys | Deep Thoughts While Gaming
125K9 -
7:23
Freakin' Reviews
1 day ago3 Salad Gadgets to Level Up Your Salad Game!
120K21 -
8:11
ThinkStory
1 day agoTHE BEAR Season 3 Ending Explained + Season 4 Theories!
119K10 -
21:43
Crime Circus
1 day agoIdaho 4 Sweet SECRETS!! Bryan Kohberger Investigation! Moscow Idaho Documentary
95.6K20