Jump to content

Saudi Arabia has ditched the US dollar


Recommended Posts

Posted

- Saudi Arabia ditches 50 year Petro-dollar deal which saw US Military protection in exchange for oil trade using Worlds reserve currency 

 

- Russia suspends trading in US Dollars in Moscow Stock Exchange 

 

- China dumps largest amount of US Treasury Bonds in one go $53.3Billions worth

 

 

 

 

 

 

 

 

Posted

Great, can we get our military out of the Middle East now and stop assisting the Saudis? 

Posted

Ready for China and Russia to backstab them. :dies: 

Posted

The US empire is crumbling. Soon the world will be free. :clap3:

  • Like 2
  • Thanks 2
  • Haha 2
  • Confused 2
  • ATRL Administrator
Posted

Saudi Arabia is a terrorist country who was involved in 9/11 and killed an American journalist. Motherfuck them, the camels they rode in on and the blood money they spent for acceptance around the world. 

  • Like 8
  • Thanks 1
  • Haha 1
Posted

:coffee2:

Posted
43 minutes ago, Ryan said:

Saudi Arabia is a terrorist country who was involved in 9/11 and killed an American journalist. Motherfuck them, the camels they rode in on and the blood money they spent for acceptance around the world. 

No need to come for the camels though :skull: camel riding is just a tradition there and camels are cute animals 🐪 BUT YES! Fock Saudi Arabia. Almost all their fellow middle eastern countries hate them for a reason. They help prop up American hegemony in the region while committing horrible war crimes on the regular. Them along with some of the other Gulf countries and Israel can all *** off. 

  • Like 3
  • ATRL Administrator
Posted
12 minutes ago, IBeMe said:

No need to come for the camels though :skull: camel riding is just a tradition there and camels are cute animals 🐪 BUT YES! Fock Saudi Arabia. Almost all their fellow middle eastern countries hate them for a reason. They help prop up American hegemony in the region while committing horrible war crimes on the regular. Them along with some of the other Gulf countries and Israel can all *** off. 

Lmao I love camels! But all of this is tea. Fuck Saudi. Fuck Israel. Fuck the propaganda and geopolitical alliances of the genocidal supporters. 

  • Thanks 3
Posted

This is just a Saudi attempt to utilize some of its leverage over the US to get a bilateral security agreement. The US no longer imports much oil from Saudi Arabia for domestic consumption (what it does import is primarily for refineries which then immediately export it again), and the Saudi's are not currently capable of offering much geo-strategically at the moment to be able to attempt to persuade the US in another manner. I doubt it'll work under Biden (Trump might be more receptive), but reading into this as a the American Empire is falling, the Dollar is dying!! story is missing like 99% of the context (and listening to the people purporting this to be a massive market disruptor is just doing yourself a disservice). Those Dollars won't disappear from the global market, they'll just be invested in a different country or different trade sector. This will only affect a minority of Saudi Arabia's oil trade, let alone that from any other producers, let alone any other commodities. If other countries follow suit (they almost certainly won't), then we can re-evaluate, but until then …

  • Like 3
  • Thanks 1
Posted (edited)

One more step towards a multipolar world and the end of US hegemony.

 

:clap3:
 

 

Edited by Miracle Whip
  • Like 2
Posted

Oh no whatever is the US gonna do... don't leave...

  • Like 1
Posted

Can they ditch homophobia next?

  • Like 1
Posted

This is fake news btw. 

 

Interesting how Joe genocide likes to bring up this freedom and democracy thing whenever he has a chance yet his grand vision for mid east peace is granting this petrostate dictatorship a defense treaty + nuclear program.

  • Confused 1
Posted
2 hours ago, Taylena said:

The US empire is crumbling. Soon the world will be free. :clap3:

Good luck. 

Posted
2 hours ago, Ryan said:

Saudi Arabia is a terrorist country who was involved in 9/11 and killed an American journalist. Motherfuck them, the camels they rode in on and the blood money they spent for acceptance around the world. 

Wow an admin wrote this and thinks it's okay. 🤦🏼‍♂️

Posted
2 hours ago, Ryan said:

Saudi Arabia is a terrorist country who was involved in 9/11 and killed an American journalist. Motherfuck them, the camels they rode in on and the blood money they spent for acceptance around the world. 

And america is an angel country ? Lol

Posted (edited)
3 hours ago, Ryan said:

Saudi Arabia is a terrorist country who was involved in 9/11 and killed an American journalist. Motherfuck them, the camels they rode in on and the blood money they spent for acceptance around the world. 

Well that happened with the U.S's and Israel's financial support don't play a fool now. Also an admin being this racist? I thought that wasn't allowed? You may need to go back and learn a few historical facts. The Brits and the U.S were kissing so much Saudi ass ever since.....oil. American military bases built there were used for wars against the middle east....not necessarily "protection". Your only hope for these countries to keep reviving and pushing your collapsed economy is if you were to re-elect that racist businessman yet again. But he's going to jail. 

 

OT: Good decision on their part since U.S dollar holds no power now and China has bought all of the U.S's debt recently. Saudi will only flourish from now on if they sell depending on different currencies. China can turn Saudi into an entire industrial artwork if oil trade is direct. 

Edited by TouchinFree
Posted
2 hours ago, wastedpotential said:

This is just a Saudi attempt to utilize some of its leverage over the US to get a bilateral security agreement. The US no longer imports much oil from Saudi Arabia for domestic consumption (what it does import is primarily for refineries which then immediately export it again), and the Saudi's are not currently capable of offering much geo-strategically at the moment to be able to attempt to persuade the US in another manner. I doubt it'll work under Biden (Trump might be more receptive), but reading into this as a the American Empire is falling, the Dollar is dying!! story is missing like 99% of the context (and listening to the people purporting this to be a massive market disruptor is just doing yourself a disservice). Those Dollars won't disappear from the global market, they'll just be invested in a different country or different trade sector. This will only affect a minority of Saudi Arabia's oil trade, let alone that from any other producers, let alone any other commodities. If other countries follow suit (they almost certainly won't), then we can re-evaluate, but until then …

Not this VERY correct answer being buried and ignored in this thread l:gaycat7:

 

Also the sources being mentioned in the OP :deadbanana4:

 

Maybe CNBC and the rest are actually taking the time to analyze and vet everything instead of rushing a Twitter post!

 

 

  • Like 3
  • Thanks 1
  • ATRL Administrator
Posted
4 hours ago, ALΞX said:

Wow an admin wrote this and thinks it's okay. 🤦🏼‍♂️

It’s a figure of speech. “Screw you and the horse you rode in on”. 

4 hours ago, Santhosh said:

And america is an angel country ? Lol

Never said it was. 

4 hours ago, TouchinFree said:

Well that happened with the U.S's and Israel's financial support don't play a fool now. Also an admin being this racist? I thought that wasn't allowed? You may need to go back and learn a few historical facts. The Brits and the U.S were kissing so much Saudi ass ever since.....oil. American military bases built there were used for wars against the middle east....not necessarily "protection". Your only hope for these countries to keep reviving and pushing your collapsed economy is if you were to re-elect that racist businessman yet again. But he's going to jail. 

 

OT: Good decision on their part since U.S dollar holds no power now and China has bought all of the U.S's debt recently. Saudi will only flourish from now on if they sell depending on different currencies. China can turn Saudi into an entire industrial artwork if oil trade is direct. 

Thank you for the unnecessary history lesson. I’m very aware of the geopolitical relationship between the US and the Saudis. And there’s nothing racist about my post. But keep trying. 

  • Like 1
Posted

hopefully they ditch systematic oppression towards the lgbt community, women and journalists next. oh, AND ditch giving people the death penalty for people who criticize the government.

  • Like 2
Posted (edited)

Didn't Killary overthrow Gaddafi for this?

 

:suburban:

Edited by Thickorita
Posted

Low key no country is as guilty of terrorism than USA and that's not me being edgy rad-lib, that's just kinda facts. 

 

Obvi Saudi is regressive and AWFUL but despite their insane wealth, still less power than USA.

Posted
22 hours ago, Taylena said:

The US empire is crumbling. Soon the world will be free. :clap3:

Putin keep telling his people the same thing like mantra and look where they are :ryan3:

 

giphy.webp

 

 

Posted
On 6/13/2024 at 1:10 PM, Ryan said:

Saudi Arabia is a terrorist country who was involved in 9/11 and killed an American journalist. Motherfuck them, the camels they rode in on and the blood money they spent for acceptance around the world. 

Then don't trade with them, especially don't sell them weapons that they can use against civilians in Yemen.

 

OT - no one should purchase products or services from the Unites States if there is a reasonable alternative. The money will just be used to fund an invasion or a genocide.

  • Thanks 2
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.