The Shift in Global Power: Saudi Arabia Ditches US Dollar for BRICS
HTML-код
- Опубликовано: 20 июн 2024
- In this enlightening episode of Black Out with Ian & Rashad, we dive deep into a monumental shift in global economics and power dynamics. Saudi Arabia has made a groundbreaking decision to ditch the US dollar, marking the end of a 50-year petrodollar agreement with the United States. This move, briefly discussed by our hosts, has far-reaching implications that will affect not only the US and Saudi Arabia but also the entire global economic landscape.
*Key Takeaways:*
- **The End of an Era**: Saudi Arabia's decision comes after 50 years of the petrodollar system, a mechanism that has long since tied global oil prices to the US dollar.
- **Empowering the Enemy?**: Ian Dunlap discusses how US foreign policies and financial support in other countries may have inadvertently empowered nations like China and India, which now stand as significant challengers to US economic dominance.
- **BRICS' Quiet Rise**: The formation of BRICS (Brazil, Russia, India, China, and South Africa) over a decade ago didn't make headlines then, but it's a force to be reckoned with now.
- **Future Implications**: What does this mean for the average American? How will this shift affect the global economy? Ian and Rashad dig into these questions and more.
Join Ian Dunlap and Rashad Bilal as they break down this complex topic into understandable segments, providing you with insights you won't hear anywhere else. Don't miss this episode if you want to stay ahead of the curve in understanding global economic trends.
*Listen to Us on:*
- *Apple Podcasts*
- *Spotify*
- *Google Podcasts*
#GlobalEconomy #Petrodollar #SaudiArabia #BRICS #USDollar #BlackOutPodcast #IanAndRashad #EconomicShift #GlobalTrade #IndiaChina #ForeignPolicy #FinancePodcast
Tune in now to get the inside scoop and expert analysis on one of the most critical shifts in the global economic landscape. Your understanding of the world will never be the same!
---
Feel free to tweak the description to better fit your branding or any additional details you want to include.
![Megan Thee Stallion - Rattle [Official Audio]](http://i.ytimg.com/vi/qY6qwqVCsww/mqdefault.jpg)
Meantime, my groceries, my electricity, my water, my mortgage, my kids college and paying taxes, breaking me down.
Go to Afghanistan and see the Weapons we left them. Fully automatic everything.
Its not even petrodollar but dollar back up by thin air .
“We” - please let’s face facts.
If we can get at least 1 good American vehicle manufacture to engineer an electric car to be: affordable, sustainable, reliable with little to no defects, charging stations that don’t freeze up during winter and without being so invasive with the public’s privacy and such; WE CAN KICK OUR OIL CODEPENDENCY. 🤦🏾🤦🏾🤦🏾
This story is bogus. Do 1 minute of research....
Literally one minute. Though I’m now curious who was the architect of the misinformation and what is their objective. ♟️
Why are they spreading fake news like that😂
What?? 🤨
Dude know nothing of Geopolitics
Power move by US will be to restart relations with Iran and Iran, which will make India and Saudi Arabia?
America is falling
That’s why it’s important to diversify. And U.S. is currently doing that by #1 becoming the largest producing country of crude oil under Biden Administration and also India is increases buying U.S. Military equipment/weapons like missiles, helicopters, artillery guns and electronic warfare systems, weapons sales from the U.S. to India have increased dramatically. So India understands U.S has better Military arms and equipments over Russia and China.
🤣🤣🤣🤣🤣🤣🤣BULLSHIT!!
Hollywood
The Petro dollar is the dollar
I agree with you on spending money elsewhere instead of here.. but USD is the only stable currency… China has 2 currencies and they are known to manipulate their currencies so US please take note ✌🏽