It was talked about and I decided to watch this new soap opera…

Worth think about and watch to see if Saudi Arabia actually pulls away, even a tiny bit?

Then time marched forward and Hmm…

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 currency used for crude oil transactions on the world market. This arrangement has its roots in the 1970s when the United States and Saudi Arabia struck a deal shortly after the U.S. went off the gold standard that would go on to have far-reaching consequences for the global economy. In the history of global finance, few agreements have wielded as many benefits as the petrodollar pact did for the U.S. economy.

Read More: https://www.msn.com/en-us/money/markets/us-saudi-petrodollar-pact-ends-after-50-years/ar-BB1o29sn

Oops America, one more big fish slips away to grasp freedom…

Implications are massive and don’t worry, the USA hates everyone the same and more so everyday…

Very good job Saudi Arabia…

WtR