Petrodollars Currency In More Trouble: Will Saudis Abandon the Dollar?

There are three solid countries who have broken past petrodollars: China, Russia and Iran.
Saudi Arabia has been an ally of the US for decades. But the Saudis are dependent on China for trade, while China has many other candidates to go to. This article argues that if the Saudi’s break away from the dollar, the US empire is sunk.
Image from The News Doctors

About Barbara MacLean

Barbara MacLean has worked as an academic and career counselor at California State University, East Bay (CSUEB), Merritt and West Valley Colleges and as a career counselor and manager of the Oakland One Stop Career Center, a public career and jobs center in partnership with EDD. She is a co-founder and editor of Planning Beyond Capitalism.

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