G7 Ultimatum: Saudi Arabia Threatens Western Debt Sell-Off Over Russian Asset Seizure

G7 Ultimatum: Saudi Arabia Threatens Western Debt Sell-Off Over Russian Asset Seizure
Sean Foo

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87,202 views Jul 11, 2024
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In a sudden reveal, Saudi Arabia issued a warning to G7 in anticipation of the Russian asset seizure. They warned of dumping EU bonds if the Western powers decided to go ahead with confiscating Russia's sovereign assets. While this won't immediately crater the US or the European bond market, it shows the Middle East looking to de-dollarize their reserves and trade.

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✅ Timestamps & Chapters:
0:00 Saudi Arabia Warns The West
2:36 G7 Asset Seizure Backfires
5:26 Saudi De-Dollarization Risk
8:52 Western Debt A Financial Trap
11:29 Saudi Debt Dump Symbolic Disaster

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