Saudis Sign Trade Deal with Russia and China + End of the Dollar? | David Coleman Daily Thoughts #41

1 year ago
23

The Saudis have been forming closer and closer ties with China, Russia and other countries in the east. Also, China and France settle a business deal in Chinese Yuan instead of US dollars. Is the US Dollar waning in strength? Will the Yuan replace it as the world's reserve currency? Will the Saudis slow the supply of oil to the US and distance themselves as they get more and more in bed with the eat? I guess we'll see!

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