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petrodollar

us-saudi-tensions-escalate-as-report-says-crown-prince-is-no-longer-interested-in-pleasing-the-united-states 

US-Saudi Tensions Escalate as Report Says Crown Prince Is No Longer Interested in Pleasing the United States 

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After Saudi Arabia and members of the Organization of the Petroleum Exporting Countries (OPEC) surprised the world by announcing cuts to oil production, a spokesperson for U.S. president Biden’s National Security Council stated that reducing production is not advisable. According to a recent report, Saudi Arabia’s crown prince Mohammed bin Salman has told associates that […]

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Former Treasury Official Warns of Complete Economic Implosion if US Dollar Loses Global Reserve Currency Status

Leave a Comment / Bitcoin, China, Chinese Yuan, Crypto Hacked, Cryptocurrency, Dollar dominance, economic implosion, Economics, end of petrodollar, Ethereum, global reserve currency, Monica Crowley, petrodollar, Russia, Saudi Arabia, US Dollar, US loses status reserve currency, usd global reserve currency, worlds reserve currency / / / , , , , , , , , , , , , , ,

Former Assistant Secretary for Public Affairs for the U.S. Department of the Treasury Monica Crowley has warned of “catastrophic” consequences if the U.S. dollar loses its status as the world’s reserve currency. “That would mean the end of the U.S. dollar,” she said, predicting that “there would be a complete implosion of the global economic

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