As Saudi Arabia Sells USD For Gold, US Spends Record $1.2 Trillion On Debt Interest Payments

As Saudi Arabia Sells USD For Gold, US Spends Record $1.2 Trillion On Debt Interest Payments
Saudi Arabia is buying gold, in fact, they could have accumulated over 150 tonnes since 2022. This is devastating for the Petrodollar and it shows trust in Treasury bonds is collapsing. And it's not a surprise when you realize interest payments on the US debt itself hit a record $1.2 Trillion dollars!