Biden has destroyed the Dollar as a reserve currency.
Saudi Arabia says they are open to settling trade in other currencies.
An 8 minute clip on a Bloomberg story,
- It is happening because of the actions of Biden
- The story is an interview with a Saudi Minister.
- Any currency that is appropriate including the Yuan.
- MBS has excellent relations with the Russians
- The Chinese are maneuvering to take the place of the US and the Saudis support it.
- Alternatives to SWIFT are being organized.
- The reserve currency of the Dollar has come into question.
- The Saudis will join the BRICS
- India and Russia are working on a huge trade deal that will exchange Rubles and Rupees
- More trade deals that exclude the USA.
- Dollar will be a reserve currency for maybe 3 more years.
- Sanctions have scared other countries so they no longer have faith in the dollar. They're dumping it.