@@Samuel-hd3cp Isn't Uncle Sam's the one on cloud nine now that the world is dedollarizing? All those dollars are going back to the States and Americans are going to get very, very rich like Trump said he was. 🤑🤑🤑🤑🤑
US have weaponised the dollar for 50 years enough is enough. The colonial thieves have invaded enough countries to steal the resources from those countries.
Saudi Arabia was under the wing of America always pumped up with weapons, and looked what happened, the next will be Taiwan after they can't effort to buy🎉anymore USA weapons and once America shifts all the chip plants to the USA, Taiwan will be just like Saudi Arabia getting rid off the dollar. Most of those chip workers will detect too China sooner than expected.
This is the most lucid explanation about the termination of petrodollar agreement and its pros and cons. Many thanks. This is another big leap towards dedollarisation.
Fake news alert: Saudi Arabia is not going to stop selling oil in US dollars (USD), and they're not ending any petrodollar pact. In fact, there is no petrodollar pact, secret or otherwise. So, there's nothing to renew (or not renew). Nor is there any “paradigm shift” shift in global finance.
Thankyou sir! I don’t know why you never ask people to like and subscribe to your channel. Guys, it’s our moral responsibility to appreciate good work.
You forgot the main possibility, that is 50 years ago USA was KSA’s biggest customer of their oil. Fast forward to today, China now is the biggest buyer of KSA’s oil. So why would KSA, still price their oil based on USD if their no.1 customer is not USA??
USA has gotten its self in a pickle it seems… 80s 90s China was full of rice Paddie’s with men tilling the land with rolled up pants and straw wide triangular straw hats… now they’rea super power that can reek havoc on any country thanks to the American Business man that thought the can increase their profits buy building their businesses in China and replacing American jobs in particular manufacturing. It’s been done before with Taiwan, Mexico, Philippines, Japan and so on… but China did a major flip of the script; with Chinas 1.43 billion people vs USA 300 million people, its become a power house with sheer numbers alone (imho) this is what and what’s happening. Thanks American businessmen.😢 also if your sleeping with the enemy never underestimate their intentions , 101.
After China's brokered Saudi Arabia and Iran resumed a cordial relationship and reopened their embassies, There is no more a need for the SA to be protected by the US militarily at a cost. In addition, BRICS+, in which SA is a new member, countries are distancing from using the US$ in their trades
The dollar will remain the petrodollar for the foreseeable future and beyond. The Saudis cannot protect themselves, they need a protector which the US accepts this role. No other currency can withstand the global trading fluctuations like dollar.
I'm seriously considering joining your VIP group because I know that your strategies are truly game-changing. Thank you for all the incredible work you do!
Invest in Bitcoin before retiring by diversifying across assets, allocating a small portion of your portfolio, staying updated on market trends, and considering long-term holding to balance risk and growth!
I recently sold half my tech stock holdings due to all-time highs, leaving me with $400k. Should I invest in ETFs now or wait for a market correction considering potential inflation?
From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
Thank you Goita I've always believed that you Mali Niger and Burkina Faso will go far because your thoughts are first for your people may you 3 countries go from. Strength to strength
Thank You very much. Yes, I found it very informitive. I understand better now and am quite happy Brics + is gathering momentum now. Peace, Neutrality and Honest Prosperity.
As a Chinese, to be honest, over the past 8000 years (The latest archeological evidence shows that before the Xia Dynasty, the Yu Dynasty already had exquisite ceramics and initial Chinese characters, as well as exquisite bamboo frames for radioactivity detection, exactly the same as today.) The world has been at the top of the world, 200 years of humiliation, and the world has probably forgotten. The Chinese will bring peace and development to the world, just as the Tang Dynasty did, and make a great contribution to world civilization. Apart from football, we have confidence in the future. First, the Jews at the forefront of the class and the bloodsuckers. In the future, the dollar will fall like the Soviet ruble. That is the price the dollar paid for plundering the world. Now it is time to pay back. The world should be wary of Trump's readiness to use Bitcoin instead of dollars.
@@Adam-wg2rf اكيد راح يطول كم سنة حتى يبداء المعسكر الشرقي بل عمل الصين وروسيا وحلفائهم بنظام مالي عالمي جديد . تدمير هيمنة الدولار يا رجل انضر الى ديون امريكا😂😂😂😂😂😂
There never was a formal document/contract of the petrodollar deal. Am I right? Also, Saudi Arabia has been selling Oil in other currencies as well in the past? Am I right? I am not refuting your views - my questions for you. Does anyone have a copy of the Deal/Contract paperwork? I do love your channel.
This petrodollar agreement started during the Oil crisis of the 1970s.. In the same period, the powerful countries G7 was formed and made the US the sole negotiator for crude oil exports from the Middle East... The USA has shifted its global standing on idealism and begun to approach the monarch of the Middle East.. The Saudi Aramco we know today was an affiliate of Standard Oil company then...It is simple you sell oil in dollars in return we provide infrastructure and security.. Over the years, the US started pumping out more oil from their land itself making their import stagnate on the other hand Asian giants who don`t have their oil resources need to depend on Saudi more and the renewable policy of the West also impacted the oil trade which made Saudi to diversify its customers... At the same time Now Saudi Aramco is taken over by the Saudi govt...
Our Congress seems disconnected from the feelings of many Americans. Many individuals are frustrated with the current administration. It's disheartening to see so many people struggling to make ends meet.
In these peculiar times, the US dollar presents a paradox. Inflation is chipping away at its value, yet it’s gaining strength against other currencies and assets like gold and real estate.
The economy is facing uncertainty, global fluctuations, and pandemic aftermath, leading to instability. Urgent attention is needed to address rising inflation, sluggish growth, and trade disruptions.
Considering the economic situation I ask,?? How can we save our families and friends from financial slavery. It's getting more scary how people are really suffering these days.I can't fold and watch people around me suffer.
I agree; there are strategies for achieving solid gains regardless of economic or market conditions. However, these strategies are typically executed by experienced investment experts.
Given my demanding job, I rely on a fiduciary to manage my portfolio, adapting to market conditions. This approach has allowed me to make informed decisions and navigate the financial landscape successfully. I recommend considering a similar strategy from Katie Thompson.
I have been following ur videos from last couple of years and i find them very much informative and interesting. So my request is that if u could get these videos dubbed with hindi vocal , that would be of much help to the larger people and they need it badly.
Hello Amit sir! Appreciate your videos. This particular story that you have covered (petrodollar arrangement) it has been termed misleading by various outlets stating that there was no such agreement between the two countries.
China is Internationalised its CBDC they are slowly Taking place in Global.... Here India is slept and not promoting CBDC at all. CBDC is most important in Global market.
Sir your way of representing is excellent,I have one request to you if possible sir please make daily the Hindu analysis of UPSC preservatives,it will be very helpful for the learner's like me . please consider sir if possible it's a humble request 🙏🙏
I do not think this is so dire because in the International Monetary System (IMS) there is/was already a wide degree of convertibility within the Exchange Rate Mechanism (ERM). There are however wider implications for the capital markets, and Saudi Arabia (SA) will have more direct opportunities in the world. Not only SA but also other GCC nations.
I am not sure where the hatred for the USA is coming from in India and the love for Muslims and China. USA is India's biggest trading partner with 50 billion dollars in surplus in India's favour. Add 15 billion in remittance, and 25% of tourists are from the USA. There are about 4 million Indians in the USA, and loving it.
Renewables are real, the transition to new energy will reshape the world economy again. California, 5th largest economy on the planet just demonstrated fossil fuel free power management. So oil is becoming slowly a commodity of the past - cheers to Saudi for realizing and diversifying its connections and trading flexibility in this world. China is by far leading in new energy installations and NEV. the world needs to embrace cooperation and spread the new products worldwide
Saudi Arabia currency is already pegged to USA dollar. This might have some long term impact on USA printing more currency, while exporting inflation to other countries, but i thing dollar is going no where.
@@NoExpertHerethere is nothing much they can when those with resources are aligning with BRICS, and many countries are working on owning nuclear too. Their options will be renegotiation of trade deals.
*Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $12,000 and got my payout of m $270,500 every months,God bless Christy Fiore🇺🇸🇺🇸🇺🇸..*
After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.
Wow that's nice She makes you that much!! please is there a way to reach her services, I work 3 jobs and trying to pay off my debts for a while now!! Please help me.
Price of oil is still be calculated based on USD, and other countries will be paying based on conversion rate, thus dollar is still continuing to enjoy its status.
Hi Amit, I noticed some places rebutted the claim that there is indeed an agreement between Saudi and America to use dollars in the petroleum trade exclusively. Where can I find evidence that such agreement was made?
Their was no agreement for SA to sell in dollars. They can sell in whatever currency they want the deal was to invest their profits in the US in exchange for protection and weapons which both sides benefited from.
Hi, this was very interesting and well made. Thank you! BUT please don't speek that fast. For not native english speaking persons it might be hard to understand. I think you speak increasingly fast in this video.
The US dollar had replaced the British pound sterling as the predominant global reserve currency in the 1920s; more than 20 years before Bretton Woods.
I think US is energy independent after they came up with fracking which is a method used to extract oil and natural gas from shale and other types of tight rock formations.
There is no downside to the Saudi’s decision to leave the petrodollar & here’s why. They don’t have to use anyone’s currency. They can use whatever currency they want so fluctuations won’t really affect them. Just because, for example, they’d be trading with let’s say China they’d expect the Yuan as payment but if they trading with a country like Mongolia they don’t have to ask for whatever cure is in Mongolia they’d simply still ask for the Yuan. They can ask for whatever currency they want from whoever they want whenever they want.
Weoponising the dollar will eventually end the dollar.
Uncle Sam is tired of the dollar being the reserved currency and it seems like their goal is achieved. 😂😂😂😂
Brian. Yes that's it. It's the US that got tired of exporting it's debt.
Clown comment Brian.
@@Samuel-hd3cp Isn't Uncle Sam's the one on cloud nine now that the world is dedollarizing? All those dollars are going back to the States and Americans are going to get very, very rich like Trump said he was. 🤑🤑🤑🤑🤑
US have weaponised the dollar for 50 years enough is enough. The colonial thieves have invaded enough countries to steal the resources from those countries.
Saudi Arabia was under the wing of America always pumped up with weapons, and looked what happened, the next will be Taiwan after they can't effort to buy🎉anymore USA weapons and once America shifts all the chip plants to the USA, Taiwan will be just like Saudi Arabia getting rid off the dollar. Most of those chip workers will detect too China sooner than expected.
This is the most lucid explanation about the termination of petrodollar agreement and its pros and cons. Many thanks. This is another big leap towards dedollarisation.
Fake news alert: Saudi Arabia is not going to stop selling oil in US dollars (USD), and they're not ending any petrodollar pact. In fact, there is no petrodollar pact, secret or otherwise. So, there's nothing to renew (or not renew). Nor is there any “paradigm shift” shift in global finance.
There was never a petrodollar agreement.
@@cubansoy Pretty much but people like this too busy looking for the illuminati to listen to reason
@@cubansoy not an official one
@@cubansoy Correct, it served the US & Saudis well. But, TG it's over, creating a more equitable world, ideally.
Hi Amit sir. i discovered this channel a few years ago and you and your channel have truly grown. We appreciate your videos. thankyou so much 🙏🏻
It would be really good if China and Russia India worked together ❤❤ we will dominate the world just like western or i5 dominate right now 😢
Thankyou sir!
I don’t know why you never ask people to like and subscribe to your channel.
Guys, it’s our moral responsibility to appreciate good work.
You forgot the main possibility, that is 50 years ago USA was KSA’s biggest customer of their oil. Fast forward to today, China now is the biggest buyer of KSA’s oil. So why would KSA, still price their oil based on USD if their no.1 customer is not USA??
Please see the full video. He has mentioned that.
USA has gotten its self in a pickle it seems… 80s 90s China was full of rice Paddie’s with men tilling the land with rolled up pants and straw wide triangular straw hats… now they’rea super power that can reek havoc on any country thanks to the American Business man that thought the can increase their profits buy building their businesses in China and replacing American
jobs in particular manufacturing. It’s been done before with Taiwan,
Mexico, Philippines, Japan and so on… but China did a major flip of the script; with Chinas 1.43 billion people vs USA 300 million people, its become a power house with sheer numbers alone (imho) this is what and what’s happening. Thanks American businessmen.😢 also if your sleeping with the enemy never underestimate their intentions , 101.
Rightly said, also China is the most competitive exporter that makes petro yuan the most suitable alternative to the US dollar for Saudi.
Becauss Saudi currency is pegged to USD? Because Saudi is dependent on USA for their security against Iran and its proxies?
China pegs to the dollar
History is never boring . You make history very interesting. People like me started showing so much of interest on history
The best news of the month!
Its still trading at 84 in india and going strong everywhere. Seems like your future generations will have to further live under its dominance
After China's brokered Saudi Arabia and Iran resumed a cordial relationship and reopened their embassies, There is no more a need for the SA to be protected by the US militarily at a cost. In addition, BRICS+, in which SA is a new member, countries are distancing from using the US$ in their trades
Things are not so simple. Enemity still exists.
Go Saudi Arabia. Support from Americans.
The best yt channel for geopolitics , this channel is a gem mine for upsc candidates.
Great information and explanation of the petrol dollar.
Very good narratives please keep speaking geo politics. Thanks
Everything have the beginning and end, in this case hegemony and weaponising currency.
Nice to see you back. Vandemataram
Thanks for this analysis.
The end of western hegemony🔥💯
The dollar will remain the petrodollar for the foreseeable future and beyond. The Saudis cannot protect themselves, they need a protector which the US accepts this role. No other currency can withstand the global trading fluctuations like dollar.
ur 1 of the best political analyst today!
I'm seriously considering joining your VIP group because I know that your strategies are truly game-changing. Thank you for all the incredible work you do!
very informative and thank you for your wonderful narrative.
Thanks for bringing more clarity
Invest in Bitcoin before retiring by diversifying across assets, allocating a small portion of your portfolio, staying updated on market trends, and considering long-term holding to balance risk and growth!
Successful investment starts with clear goals and risk assessment, often best done with a financial advisor's help
I recently sold half my tech stock holdings due to all-time highs, leaving me with $400k. Should I invest in ETFs now or wait for a market correction considering potential inflation?
James Clark's market insights have consistently led to profitable decisions.
Celebrating a $30k stock portfolio today from a $6k start. Investing wisely has given me time for family and future plans.
From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
I really enjoy your informative and well organized videos, thanks 😊
Thank you Goita I've always believed that you Mali Niger and Burkina Faso will go far because your thoughts are first for your people may you 3 countries go from. Strength to strength
Very good information, well presented and explained A very good move by Saudi Arabia.
Now saudi arabia needs Democracy 🦅🦅🦅🦅
Yes, the LGBTQRSTUVWXYZ+ will soon be conducting Pride parades around Mecca once Uncle Sam "liberates" Saudi Arabia. 🌈
Thank You very much. Yes, I found it very informitive. I understand better now and am quite happy Brics + is gathering momentum now. Peace, Neutrality and Honest Prosperity.
As a Chinese, to be honest, over the past 8000 years (The latest archeological evidence shows that before the Xia Dynasty, the Yu Dynasty already had exquisite ceramics and initial Chinese characters, as well as exquisite bamboo frames for radioactivity detection, exactly the same as today.) The world has been at the top of the world, 200 years of humiliation, and the world has probably forgotten. The Chinese will bring peace and development to the world, just as the Tang Dynasty did, and make a great contribution to world civilization. Apart from football, we have confidence in the future. First, the Jews at the forefront of the class and the bloodsuckers. In the future, the dollar will fall like the Soviet ruble. That is the price the dollar paid for plundering the world. Now it is time to pay back. The world should be wary of Trump's readiness to use Bitcoin instead of dollars.
نهاية الدولار ورجوع الذهب الى مكانه الاصلي😊
Let me tell ya that it's not going to happen the gold part, is abit too far.
@@Adam-wg2rf اكيد راح يطول كم سنة حتى يبداء المعسكر الشرقي بل عمل الصين وروسيا وحلفائهم بنظام مالي عالمي جديد . تدمير هيمنة الدولار يا رجل انضر الى ديون امريكا😂😂😂😂😂😂
@@jacoiraqgam5535i was talking about the gold.
There never was a formal document/contract of the petrodollar deal. Am I right? Also, Saudi Arabia has been selling Oil in other currencies as well in the past? Am I right? I am not refuting your views - my questions for you. Does anyone have a copy of the Deal/Contract paperwork? I do love your channel.
This petrodollar agreement started during the Oil crisis of the 1970s.. In the same period, the powerful countries G7 was formed and made the US the sole negotiator for crude oil exports from the Middle East... The USA has shifted its global standing on idealism and begun to approach the monarch of the Middle East.. The Saudi Aramco we know today was an affiliate of Standard Oil company then...It is simple you sell oil in dollars in return we provide infrastructure and security.. Over the years, the US started pumping out more oil from their land itself making their import stagnate on the other hand Asian giants who don`t have their oil resources need to depend on Saudi more and the renewable policy of the West also impacted the oil trade which made Saudi to diversify its customers... At the same time Now Saudi Aramco is taken over by the Saudi govt...
Thanks for the synopsis...very informative. I didn't know the full story!
Our Congress seems disconnected from the feelings of many Americans. Many individuals are frustrated with the current administration. It's disheartening to see so many people struggling to make ends meet.
In these peculiar times, the US dollar presents a paradox. Inflation is chipping away at its value, yet it’s gaining strength against other currencies and assets like gold and real estate.
Very nice presentation. Look forward for more n more of yours.
Very much good explanation sir,pls do bring out more such of these type of videos❤
Well explain, with more details,.
Thank you
Good teacher ❤ thank u sir
thanks for the update👍
In short, BRICS means more, simpler and fairer trade🇧🇷🇷🇺🇮🇳🇨🇳🇿🇦
Very educational and informative video. Thanks for the upload :)
Now they must kick troops out of Saudi (Pronto).!!!!
Tq sir, your videos are very informative
The economy is facing uncertainty, global fluctuations, and pandemic aftermath, leading to instability. Urgent attention is needed to address rising inflation, sluggish growth, and trade disruptions.
Considering the economic situation I ask,?? How can we save our families and friends from financial slavery. It's getting more scary how people are really suffering these days.I can't fold and watch people around me suffer.
I agree; there are strategies for achieving solid gains regardless of economic or market conditions. However, these strategies are typically executed by experienced investment experts.
Given my demanding job, I rely on a fiduciary to manage my portfolio, adapting to market conditions. This approach has allowed me to make informed decisions and navigate the financial landscape successfully. I recommend considering a similar strategy from Katie Thompson.
How can I reach her please?
Katie Thompson's highly recommendable, having confirmed her excellent track record after meeting her at a seminar in London.
I have been following ur videos from last couple of years and i find them very much informative and interesting.
So my request is that if u could get these videos dubbed with hindi vocal , that would be of much help to the larger people and they need it badly.
do a video on rothschild and their influence
I'd love that and surely many others are also in the dark about the granddaddy of Capitalism, yes?
Jai guru great master antarik pranam you are the universe teacher and video univarsal truth 👍🏽🌹👌🏽🙏🏽
Some US media are now spreading propaganda that there is no such thing as petrodollar. 😂
There is no petro dollar signed document ... Nobody has shown the signed document until now
Hello Amit sir! Appreciate your videos. This particular story that you have covered (petrodollar arrangement) it has been termed misleading by various outlets stating that there was no such agreement between the two countries.
No more USD paper currency ,no more war.
We are proud of our bricks countries 👏 and the new members that joined in January 2024 its high time the dollar must drop from South Africa
Excellent work loved it
Thaaannnk Yooouuu BRICS ❤️ 💚 💜
Allahuakbar☝️all Islamic country should NO to dollar🙏☝️☝️☝️Allahuakbar
China is Internationalised its CBDC they are slowly Taking place in Global....
Here India is slept and not promoting CBDC at all. CBDC is most important in Global market.
RBI will introduce in 2025-26..we are slow
Great analysis 👍
How will this effect affect the US Military Industrial Complex?
ONE OF THE BEST TEACHER ❤
But Saudi never signed any agreement as far as i know .is there any proof of the agreement?
0:49
hello sir, how long will it take for the world to get diversified?
What happened to New Zealand? Why?
Under Down-under 😂😢🙃
Good of KSA.Make a paradigm shift in global geo politics.
Sir your way of representing is excellent,I have one request to you if possible sir please make daily the Hindu analysis of UPSC preservatives,it will be very helpful for the learner's like me . please consider sir if possible it's a humble request 🙏🙏
China is Saudi Arabia's largest oil customer.
That's very informative, Amit👍
Excellent analysis.... as always
WAW! Now the whole world will experience the BALANCE OF RESOURCES Made by GOD.
Great reporting summed up everything nicely
Very informative!
Good information but sorry to say that you are late in bringing out this information as it is already in the news for last 15 days
I do not think this is so dire because in the International Monetary System (IMS) there is/was already a wide degree of convertibility within the Exchange Rate Mechanism (ERM). There are however wider implications for the capital markets, and Saudi Arabia (SA) will have more direct opportunities in the world. Not only SA but also other GCC nations.
Hi Amit, I find your videos more informative and I wait for future video as equivalent wait for House of dragon episodes ❤
गुरु अमृत सेन गुप्ता 🙏🌷
One Global Vision Multiple Local Governments ❤️ 💚 💜
What is the impact on American Banks and Indian software industry post dedollarization
Very informative.
There is no official petro dollar. Saudi Arabia reserves are still primarily in US dollars and that won’t change anytime soon.
Saudi arabia currency is literally pegged to the USD.
Many thanks to you sir, for the video.
I am not sure where the hatred for the USA is coming from in India and the love for Muslims and China. USA is India's biggest trading partner with 50 billion dollars in surplus in India's favour. Add 15 billion in remittance, and 25% of tourists are from the USA. There are about 4 million Indians in the USA, and loving it.
You are bang on target.. Very useful video 👍
Plz invite Dr. Ankit Shah as he is brilliant in geopolitical predictions.
Renewables are real, the transition to new energy will reshape the world economy again. California, 5th largest economy on the planet just demonstrated fossil fuel free power management. So oil is becoming slowly a commodity of the past - cheers to Saudi for realizing and diversifying its connections and trading flexibility in this world. China is by far leading in new energy installations and NEV. the world needs to embrace cooperation and spread the new products worldwide
get a life.propaganda crap mate
Well, isnt Saudia's oil wheels have been dried? Replaced by other Asian, North Europe, Africa and north to South America?
Saudi Arabia currency is already pegged to USA dollar. This might have some long term impact on USA printing more currency, while exporting inflation to other countries, but i thing dollar is going no where.
this should be the #1 story everywhere, this is a huge upheaval and every system will be rattled by this
Not for long. I feel, once this Ukraine war is over, Usa(allies) and Isarel will come for Saudi. I can see it coming.Saudi going the Iraq way.
Trump is going to Win. Trump is very aggressive. Saudi knows it. Saudi might sign the deal after Trump wins to avoid consequences.
The West will not do anything, as China, Russia and even Iran would support KSA.
That's not a war you can win!
@@NoExpertHerethere is nothing much they can when those with resources are aligning with BRICS, and many countries are working on owning nuclear too. Their options will be renegotiation of trade deals.
Wow😱Sir,
Try to upload everyday if you're free. I wait for your videos only
Hi sir
Your voice is so good
And your slow explanation sir
If the US government can print dollars at will, then why does it have to sell bonds to borrow dollars from investors?
*Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $12,000 and got my payout of m $270,500 every months,God bless Christy Fiore🇺🇸🇺🇸🇺🇸..*
Hello how do you make such monthly ?? I'm a born Christian and sometimes I feel so down 🤦 of myself because of low finance but I still believe in God.
Thanks to my co-worker (Alex) who suggested Ms Christy Fiore.
She's a licensed broker in the states 🇺🇸
After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.
Wow that's nice She makes you that much!! please is there a way to reach her services, I work 3 jobs and trying to pay off my debts for a while now!! Please help me.
Price of oil is still be calculated based on USD, and other countries will be paying based on conversion rate, thus dollar is still continuing to enjoy its status.
Hi Amit, I noticed some places rebutted the claim that there is indeed an agreement between Saudi and America to use dollars in the petroleum trade exclusively. Where can I find evidence that such agreement was made?
Great move Saudi ❤❤
Thank you so much for the update.
Always with good details ❤
Euro vs dollar! Interesting times ahead. Ukraine to Gaya!!😂
RIP💀
Their was no agreement for SA to sell in dollars. They can sell in whatever currency they want the deal was to invest their profits in the US in exchange for protection and weapons which both sides benefited from.
Hi, this was very interesting and well made. Thank you!
BUT please don't speek that fast.
For not native english speaking persons it might be hard to understand.
I think you speak increasingly fast in this video.
High time the money monopoly is uprooted
Military assistance and financial security is with china as leading customer now , secondly brics group against sanctions based on Dollar.
The US dollar had replaced the British pound sterling as the predominant global reserve currency in the 1920s; more than 20 years before Bretton Woods.
I think US is energy independent after they came up with fracking which is a method used to extract oil and natural gas from shale and other types of tight rock formations.
There is no downside to the Saudi’s decision to leave the petrodollar & here’s why. They don’t have to use anyone’s currency. They can use whatever currency they want so fluctuations won’t really affect them. Just because, for example, they’d be trading with let’s say China they’d expect the Yuan as payment but if they trading with a country like Mongolia they don’t have to ask for whatever cure is in Mongolia they’d simply still ask for the Yuan. They can ask for whatever currency they want from whoever they want whenever they want.
Will this make US reevaluate its policy towards Venezuela?