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End of the petrodollar? Saudi Arabia has chosen not to renew a security agreement with the US, set to expire on June 9, 2024. This means Saudi Arabia can now sell oil and other goods in currencies like the RMB, Euros, Yen, Yuan, and more, instead of just the US dollar by Asterix

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A_G1RL 4 points 161 days ago +5 / -1

They will kill the dollar so that they can offer the CBDC as our "savior".

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2024.12.01 - gwld8 (status)