Did I call it?
Dusk For The Petrodollar, Dawn For The Petroyuan And The Coming Commodity Rehypothecation
Fresh from that hive of Scum and Villainy at the WEF meeting in Davos the Saudi Arabian Finance Minister doesn’t sound favorable for the PetroDollar (but can you blame him when the current administration has a stated goal to do away with oil and impoverish his country).
https://www.zerohedge.com/energy/poszar-was-right-saudis-admit-non-dollar-oil-trade-plans-davos
This happens and there is no reason at all for any country to hold dollars… that is bad for us, and the predictable outcome of decades of financial mismanagement by our government. Like always it will be fine until it isn’t.