I Have to Give it to The Pedophile This Time. He Had a Grand Plan to Renew Petro Dollar Agreement With Saudi Arabia

[GunsOfFrankEaton]

Just kidding. The pedophile had no plan at all.

The pedophile was busy sniffing, fondling and giving creepy whispers to little kids.

U.S./Saudi Petro Dollar Pact Ends after 50 Years.

U.S.-Saudi Petrodollar Pact Ends after 50 Years - TipRanks.com

The 50-year-old petrodollar agreement between the U.S. and Saudi Arabia was just allowed to expire. The term “petrodollar” refers to the U.S. dollar’s role as the c...

www.tipranks.com

 

[2012Bearcat]

We have to get this idiot out of the White House before the damage he doing can not be repaired.

 

[OrangeTuono]

Just kidding. The pedophile had no plan at all.

The pedophile was busy sniffing, fondling and giving creepy whispers to little kids.

U.S./Saudi Petro Dollar Pact Ends after 50 Years.

U.S.-Saudi Petrodollar Pact Ends after 50 Years - TipRanks.com

The 50-year-old petrodollar agreement between the U.S. and Saudi Arabia was just allowed to expire. The term “petrodollar” refers to the U.S. dollar’s role as the c...

www.tipranks.com

Oh he had a plan, and the plan we implemented...

They knew exactly what they were doing and the global destabilization that will result.

 

[Sunburnt Indian]

The US dollar became the world's first decimal/metric currency in 1792. 100 cents to the buck, 1000 mils to the buck. We'll be the last country to learn how to measure.

The Russian ruble was first decimal currency in 1704. 100 kopecs to the ruble. Russia adopted the metric system of meaurement in 1925.

 

[Mr.OSU]

If there is something the senile pedo president can mess up he will. Only a mentally handicapped would want four more years of Biden at this point.

 

[aliabedi]

If there is something the senile pedo president can mess up he will. Only a mentally handicapped would want four more years of Biden at this point.

Maybe the Saudis don't want to renew the contract. If the contract was signed 50 years ago then it was by Nixon admin or Fords.
All good things come to an end

 

[Ponca Dan]

Maybe the Saudis don't want to renew the contract. If the contract was signed 50 years ago then it was by Nixon admin or Fords.
All good things come to an end

I think it may be the Saudis recognize the days of the giant western hegemon are numbered and are getting out while they can.

 

[Medic007]

I think it may be the Saudis recognize the days of the giant western hegemon are numbered and are getting out while they can.

Or it's fake news and not really an issue.

 

[ClintonDavidScott]

Just kidding. The pedophile had no plan at all.

The pedophile was busy sniffing, fondling and giving creepy whispers to little kids.

U.S./Saudi Petro Dollar Pact Ends after 50 Years.

U.S.-Saudi Petrodollar Pact Ends after 50 Years - TipRanks.com

The 50-year-old petrodollar agreement between the U.S. and Saudi Arabia was just allowed to expire. The term “petrodollar” refers to the U.S. dollar’s role as the c...

www.tipranks.com

The dangers of confirming your beliefs

Google Trends is reporting an astonishing spike in searches for “petrodollars” in the past two weeks, to the highest on record. This is apparently because of a viral story that on 9 June Saudi Arabia failed to renew a secret 50-year deal with the US to keep oil priced in dollars.

www.ubs.com

Gullible af




carry on

 

[OrangeTuono]

The dangers of confirming your beliefs

Google Trends is reporting an astonishing spike in searches for “petrodollars” in the past two weeks, to the highest on record. This is apparently because of a viral story that on 9 June Saudi Arabia failed to renew a secret 50-year deal with the US to keep oil priced in dollars.

www.ubs.com

Gullible af




carry on

 

[Ponca Dan]

Or it's fake news and not really an issue.

Maybe. I read an article the other day saying the GDP of the Global South has now either surpassed that of the West or is on the verge of doing so. Maybe that is fake news, too.

 

[ClintonDavidScott]

Maybe. I read an article the other day saying the GDP of the Global South has now either surpassed that of the West or is on the verge of doing so. Maybe that is fake news, too.

It’s fake news. Period…

“Saudi Arabia’s riyal remains pegged to the dollar, and its stock of financial assets are dollar focused. The dollar’s reserve status depends on how money is stored, not how transactions are denominated.”






carry on

 

[Ponca Dan]

It’s fake news. Period…

“Saudi Arabia’s riyal remains pegged to the dollar, and its stock of financial assets are dollar focused. The dollar’s reserve status depends on how money is stored, not how transactions are denominated.”






carry on

That’s good to know but it is easy to understand why it is believable. The BRICS nations, particularly China and Russia, and to a somewhat lesser extent India, have put a on full court press to persuade Saudi to untether itself from the dollar, and Saudi is listening to what they have to say. The Global South has finally gained enough strength and resolve to resist the West’s bullying tactics. Tomes are changing.

 

[Medic007]

Maybe. I read an article the other day saying the GDP of the Global South has now either surpassed that of the West or is on the verge of doing so. Maybe that is fake news, too.

What percent of the planet population lives in the "global south" and what's their GDP per capita compared to the "global north?"

 

[Ponca Dan]

What percent of the planet population lives in the "global south" and what's their GDP per capita compared to the "global north?"

I don’t know, but I doubt that would factor in to Saudi’s calculations should they drop the US dollar.

 

[OUSOONER67]

 

[Medic007]

I don’t know, but I doubt that would factor in to Saudi’s calculations should they drop the US dollar.

You mentioned you read an article the other day that said the GDP of the "global south" has caught up to or exceeded the West (global north). It didn't discuss per capital GDP?

 

[Ponca Dan]

You mentioned you read an article the other day that said the GDP of the "global south" has caught up to or exceeded the West (global north). It didn't discuss per capital GDP?

No

 

[OrangeTuono]

You mentioned you read an article the other day that said the GDP of the "global south" has caught up to or exceeded the West (global north). It didn't discuss per capital GDP?

Authoritarian societies weight "consensus" over "individual agency", which inherently stifles individual (per capita) productivity.
Only way any Eastern society can catch the west's productivity is to infect the west thereby throttling The West by making it more Authoritarian.

 

[aliabedi]

Authoritarian societies weight "consensus" over "individual agency", which inherently stifles individual (per capita) productivity.
Only way any Eastern society can catch the west's productivity is to infect the west thereby throttling The West by making it more Authoritarian.

China is authoritarian and the 2nd largest economy in the world today.

 

[Ponca Dan]

Here is an interesting article about the subject.

Saudi Arabia Drifts Away from Washington and the Dollar | Mises Institute

Saudi Arabia considers de-dollarization as closer relations with Russia, Iran, and China create new incentives to break with old alliances and deals with

mises.org

 

[GunsOfFrankEaton]

China is authoritarian and the 2nd largest economy in the world today.

1.4 billion people and China is only #2?

The U.S. can only boast a population of 333 million, and yet it has the largest economy in the world.

With over a billion more people, China is #2?

What is China doing wrong?