The Petrodollar Is Dead

Digital_Pakistani

Chief Minister (5k+ posts)
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باس از باس

MPA (400+ posts)
۔


گڈ سیل پٹرول ان ین اینڈ بائی فرام چائینا ان ین ۔۔۔

سعودی مارکیٹ چائنیز سامان چائنیز گاڑیوں سے بھری پڑی ہے گڈ فار بوتھ آف دیم
 

MRT.abcd

Minister (2k+ posts)
Saudi Arabia can't sell oil in any other currency than USD$. They might sell a few barrels in yuan. let's say 0.5%. Even that looks very difficult....
 

Dr Adam

Prime Minister (20k+ posts)
الله مرحوم کی مغفرت فرمایے…...بیمار تھے کیا؟
? ? ? ? ? ? ?

معالج نے آف دی ریکارڈ رکھنے پر رازداری سے بتایا ہے کہ دماغی بواسیر پھٹنے سے خوں بہت بہہ گیا تھا
 

amber123

Chief Minister (5k+ posts)
الله مرحوم کی مغفرت فرمایے…...بیمار تھے کیا؟
Abn-e-Khadoon described the life cycle of a nation state—- that is 120 years ——- 40 years to rise - 40 years to sustain and 40 years to decline. Western states are around the end of this stated life cycle……. The prospective decline of Petro-dollar would be one of such indications.
 

Saboo

Prime Minister (20k+ posts)
Abn-e-Khadoon described the life cycle of a nation state—- that is 120 years ——- 40 years to rise - 40 years to sustain and 40 years to decline. Western states are around the end of this stated life cycle……. The prospective decline of Petro-dollar would be one of such indications.
You meant Ibn e Khaldoon,..right?
Yes you are right..Petrodollar is on a decline for a while and with more and more contries moving away from it as SA just declared to use Chines currency …it will be the final nail in Patrodollar's coffin.
 

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