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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / US-Saudi 50yr Petrodollar Agreement Expires Today, Saudis Refusing To Renegotiat (1046 Views)
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Re: US-Saudi 50yr Petrodollar Agreement Expires Today, Saudis Refusing To Renegotiat by sunboy(m): 5:14pm On Jun 11 |
Botragelad: You nailed it! It’s funny that they think the US doesn’t see this coming since MBS has taken over power lol And the US currently produce more oil than Saudi … almost double what Saudi produces (20m barrels per day vs 12m) Saudi is not the only country that’s exporting oil, take Saudi and Russia out of that list of top exporter.. others are still US allies… Nigeria inclusive. It’s only a win win for Nigerian oil if our govt can continue to raise our production amounts. If Saudi is sidelining the US then they are ultimately canceling their security guarantees too. Let that sink in 😊 Chinese economy is rapidly shrinking lately, and China does need help with their economy right now … we’ll see how that goes for China being the world’s factory and how they manage to keep their money flowing…lmao Mexico is taking over as the world’s factory for a reason, the US saw this coming. And Saudi will continue to keep the large portion its foreign reserves in USD, same for China lol Either way, USD will continue to be in demand … for a longer while. 2 Likes |
Re: US-Saudi 50yr Petrodollar Agreement Expires Today, Saudis Refusing To Renegotiat by sunboy(m): 5:18pm On Jun 11 |
eepeepook: It’s officially ended 06/09/2024 |
Re: US-Saudi 50yr Petrodollar Agreement Expires Today, Saudis Refusing To Renegotiat by sunboy(m): 5:26pm On Jun 11 |
MartinCorridon: It’s an official news sir |
Re: US-Saudi 50yr Petrodollar Agreement Expires Today, Saudis Refusing To Renegotiat by sunboy(m): 5:27pm On Jun 11 |
NothingDoMe:China still buying up USD and Gold like water 😂😂😂 2 Likes |
Re: US-Saudi 50yr Petrodollar Agreement Expires Today, Saudis Refusing To Renegotiat by GBTYO: 5:35pm On Jun 11 |
sunboy: BRICs is a money exchange system. Olodo |
Re: US-Saudi 50yr Petrodollar Agreement Expires Today, Saudis Refusing To Renegotiat by sunboy(m): 5:44pm On Jun 11 |
GBTYO: CBDC (payment clearance system based on local currency but influence by the Chinese yuan) is what Saudi joined at least officially yet. BRICs is an economy union like G7 …. You are the OLODO RABATA with confidence. You’re welcome. |
Re: US-Saudi 50yr Petrodollar Agreement Expires Today, Saudis Refusing To Renegotiat by GBTYO: 5:52pm On Jun 11 |
sunboy: BRICs is meant to bypass the US controlled dollarized SWIFT exchange system. Maga |
Re: US-Saudi 50yr Petrodollar Agreement Expires Today, Saudis Refusing To Renegotiat by sunboy(m): 6:48pm On Jun 11 |
GBTYO: BRICs is not a Money Exchange System like you said. CBDC is their exchange system with aim of boosting individual member states local currency while BRICs is an economic bloc union with aim to RIVAL with G7 and not USD Again, you’re welcome ☺️ |
Re: US-Saudi 50yr Petrodollar Agreement Expires Today, Saudis Refusing To Renegotiat by NothingDoMe: 7:46pm On Jun 11 |
sunboy:China intentionally keeps yuan lower to attract business. The OP doesn't know this. All he knows is agbadonomics. 😄 |
Re: US-Saudi 50yr Petrodollar Agreement Expires Today, Saudis Refusing To Renegotiat by Beremx(f): 10:56pm On Jun 11 |
GBTYO:you no try o! It is well sha. |
Re: US-Saudi 50yr Petrodollar Agreement Expires Today, Saudis Refusing To Renegotiat by GBTYO: 7:23am On Jun 12 |
sunboy: BRICs is meant to bypass the dollar and western financial institutions like SWIFT. It is not an economic bloc because you have countries like China and Brazil who trade heavily with the west. BRICs was designed solely to form an alternate currency exchange to the dollar. Olodo |
Re: US-Saudi 50yr Petrodollar Agreement Expires Today, Saudis Refusing To Renegotiat by tctrills: 8:47am On Jun 12 |
GBTYO:See this hungry Nigerian calling the US satanic. Is there any country more satanic than your APC led Nigeria? You are waiting for US downfall when you have already fallen off the cliff. Hungry and wicked haters. |
Re: US-Saudi 50yr Petrodollar Agreement Expires Today, Saudis Refusing To Renegotiat by sunboy(m): 2:49pm On Jun 12 |
GBTYO: You arrogant about your ignorance… it’s beyond me. Google is your friend. BRICS is economic bloc. CBDC is the payment system they developed to bypass USD. |
Re: US-Saudi 50yr Petrodollar Agreement Expires Today, Saudis Refusing To Renegotiat by GBTYO: 3:07pm On Jun 12 |
sunboy: Ignorant negro. The entire point of BRICs is to bypass the USD and the western financial institutions and exchange system Keep up with your mumuism. |
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