End of the Petrodollar,now what?

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BigBarney
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Post by BigBarney » Sat. Jun. 15, 2024 9:51 am

The agreement is done... Now no one needs to buy the dollar...

https://www.fxstreet.com/analysis/the-petrodollar ... 2406141938

Now countries can buy or sell oil in any currency...

We'll soon see the dollar debased and trading in other commodities...

https://en.wikipedia.org/wiki/International_use_o ... .S._dollar



BigBarney

 
grumpy
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Post by grumpy » Sat. Jun. 15, 2024 12:07 pm

Thats been going on for years now, nothing new.


 
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BigBarney
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Post by BigBarney » Sun. Jun. 16, 2024 11:04 am

83 countries have gone belly up in the last 200 years...

About one every 2.5 years...

Bigbarney

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