Demise of the Petrodollar has the Potential to Reshape the Geopolitical World

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“It was a classic mafia style arrangement. In exchange for Saudi Arabia’s agreement to the sole use of the dollar for oil transactions, the US underwrote Saudi Arabia’s security thereby ensuring the continuity of one of the world’s most corrupt and repressive regimes.”

6 thoughts on “Demise of the Petrodollar has the Potential to Reshape the Geopolitical World

  1. The article was written by Australian James O’Neill at New Eastern Outlook. Mr. O’Neill appears for commentaries on Press TV fairly often, seemingly always providing accurate and sober analyses of world situations.

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