#dollar #money #geopolitics #oil
We have been covering the Petrodollar and the gradual move away from it by the BRICS and Global South for many years here on this channel.
We have said that it would be a gradual and long-term process but with today’s announcement that BRICS have invited Saudi Arabia to join, I think this is the final knockout blow to the Petrodollar.
In this report, I will briefly go over what I think the consequences of this will be. You can also refer to my Petrodollar files here for more on this topic:
China Delivers Knockout Blow to Petrdollar. Part 1. (video from 2017):
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