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95 - The Death of the US Dollar?

The Red Line

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The Importance of Alternative Currency in the World

If Saudi Arabia were to use this instability to announce that it would no longer be selling oil in US dollars, do you think it would become the death nail in the Western economies or wouldn't actually make that much of a difference anyway? It's a very difficult question to answer. I don't see that it would be in the interest of Saudi Arabia to do so. So I think it's an unlikely scenario but it could be tried at just a smaller extent.

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