Well biden, Saudi Arabia decided not to renew its 50-year petrodollar partnership with the United States,

[sparky]

I'm providing for you, Son.

thx dad...... ~S~

 

[Cougarbear]

You 2 retards are too stupid to comprehend the ramifications of what just happened.

You're probably not responsible adults at all.

Those that provide for you will be feeling this.

Where will we be feeling this? What are the specific ramifications?

 

[The Duke]

Where will we be feeling this? What are the specific ramifications?

The dollar will be devalued even more.

 

[Cougarbear]

The dollar will be devalued even more.

But, how will that affect Americans? Will this cause higher inflation and higher interest rates?

 

[sparky]

But, how will that affect Americans? Will this cause higher inflation and higher interest rates?

well there's a lot of factors involved Cougar , yet one thing i'm sure of is , we're not going to get the nitty gritty from our government

~S~

 

[iku]

that biden, he's a genius

https://www.newsmax.com/finance/streettalk/saudi-arabia-petrodollar-deal/2024/06/13/id/1168608/

Saudi Arabia’s shift to other currencies is expected to hasten the global movement away from the dollar

USA will no longer need to overthrow leaders (Kaddafi and Hussein) and topple countries or fight proxy wars.
The days of the petrodollar are soon to be over.

 

[Cougarbear]

well there's a lot of factors involved Cougar , yet one thing i'm sure of is , we're not going to get the nitty gritty from our government

~S~

What specifically will it due to the individual American. What does nitty gritty mean in terms of personal financial problems?

 

[sparky]

USA will no longer need to overthrow leaders (Kaddafi and Hussein) and topple countries or fight proxy wars.
The days of the petrodollar are soon to be over.

point taken iku

~S~

 

[sparky]

What specifically will it due to the individual American. What does nitty gritty mean in terms of personal financial problems?

Fair Q Cougar

consider all of one's savings, real estate, retirement , pensions, take home pay , etc worth less, juxtaposed to one's living expenses being inflated

~S~

 

[eagle1462010]

The Petro Dollar is dying. Countries dumping our currency. We lose the worlds reserve currency status we are fucked

 

[sparky]

pretty much eagle.......~S~

 

[eagle1462010]

BRICS: 16 New Countries Plan to Ditch US Dollar in 2024

 

[sparky]

BRICS: 16 New Countries Plan to Ditch US Dollar in 2024

ast summer, 10 ASEAN countries agreed to stop trading in the US dollar and use native currencies for cross-border settlements. ASEAN is a bloc of 10 countries compromising Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. These nations are likely on the list of applicants to join BRICS, strengthening the bloc’s ties with ASEAN as adding more strength behind the push to abandon the greenback currency.

This is the thanks we get for trying to free them........~S~

 

[eagle1462010]

ast summer, 10 ASEAN countries agreed to stop trading in the US dollar and use native currencies for cross-border settlements. ASEAN is a bloc of 10 countries compromising Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. These nations are likely on the list of applicants to join BRICS, strengthening the bloc’s ties with ASEAN as adding more strength behind the push to abandon the greenback currency.

This is the thanks we get for trying to free them........~S~

The world is heading to WWIII.

Much of the world Hates us.

 

[sparky]

The world is heading to WWIII.

yes

Much of the world Hates us.

unfortunately......

~S~

 

[Cougarbear]

Fair Q Cougar

consider all of one's savings, real estate, retirement , pensions, take home pay , etc worth less, juxtaposed to one's living expenses being inflated

View attachment 962553

~S~

So, this will cause more inflation. Higher gas prices. Fewer Democrats winning elections and a Trump presidency…The silver lining?

 

[Harpy Eagle]

The world is heading to WWIII.

Much of the world Hates us.

 

[Harpy Eagle]

yes

you get one also...

 

[John Edgar Slow Horses]

 

[elektra]

It was bound to happen, the world is tired of us dictating to the whole world how they should act

You made that up