This situation would never have occurred under Trump, Saudi Arabia would have negotiated this with Trump but NOT with Obama-Biden Inc.; 'A petro dollar agreement with the United States and Saudi
Arabia has expired. Gulf nation has decided not to renew the deal that expired on June 9. The move can be seen as a global finance paradigm shift from the USD as a reserve currency'; implications?
What are the implications?
Sorry to break your delusions but who was it that brought in "Warp Speed"? Who was it that fell for the pandemic? Please wake up from the delusion. All politics is mere theater to keep the plebs occupied. It's like a circus, sucking up your attention so you don't put it on yourself and benefit your own life and that of your fellow humans. Just keeps you on a merry-go-round of expectation that only gets worse and worse. Even if it were due to incompetence, what kind of loyalty is this to people who trash our society, who never stand for justice and who are always in the public eye. Politicians need to be refreshed or composted, they don't just stay the same decade in and decade out. How much cake do you want them to throw at your face?
The global financial system is rapidly changing, and will never be the same. The US petro dollar, based on nothing, just a fiat currency, will be abandoned by many nations. The BRICS nations will use a different standard for all their trading.
I'm anxious to see how Trump deals with this change. He knows the Federal Reserve is NOT federal, but is a banking cartel, central bank. I expect the Fed to be abolished. The US will print its own currency from the Treasury, as it was always meant to be.
Trump also has spoken about BitCoin being part of this change. We must abolish the central banks and their interest and debt scam.