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Saudi Arabia Just Ditched The US Dollar (How This Affects You)
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2,181,926 Views • Jun 10, 2024 • Click to toggle off description
Saudi Arabia Just Ditched The US Dollar (How This Affects You)
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Views : 2,181,926
Genre: Education
Date of upload: Jun 10, 2024 ^^


Rating : 4.539 (8,064/61,888 LTDR)

88.47% of the users lieked the video!!
11.53% of the users dislieked the video!!
User score: 82.70- Overwhelmingly Positive

RYD date created : 2024-07-26T05:33:46.799839Z
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YouTube Comments - 8,662 Comments

Top Comments of this video!! :3

@robmarino314

1 month ago

Isn't odd that this story is nowhere on mainstream media?

8.5K |

@Jindsing

1 month ago

I remember when saddam no longer wanted the greenback for his oil, he wanted Euros...Iraq got a whole bunch of "freedom" in response.

3.9K |

@flywesleybyrd

1 month ago

"If a country tried to get their hands on oil without using dollars, that country historically needed more freedom in their lives." 😆 So true!! 🤡

510 |

@abdulazizsaleh8650

1 month ago

I am Saudi.. and officially our Minister of Oil and Energy confirmed that there is no change in the sale of oil in dollars.. All the talk comes from American media via the Internet... A decision like this will expose all countries of the world to a major economic shock... and will inevitably harm the interests of Saudi Arabia, as well as the interests of America and the rest of the world... and everyone knows that we are in a period of economic crises and pivotal fluctuations that have swept the countries of the world... I really wonder how you can believe news that has no official source from Saudi Arabia. On the contrary, Saudi Arabia officially denies it....

298 |

@gambaridup

1 month ago

Anyone remember why President Sadam Hussain, Iraq and Mouammar Ghadafi leader of Libya, had their life ended brutally ?

5.5K |

@tuesdae666

1 month ago

The Saudi prince better increase his bodyguards and check his plane brakes.

1.9K |

@Extraordinary93

1 month ago

Historically the countries need more freedom in their lives - this so perfect

198 |

@mostafagharbawi3607

1 month ago

I can only think of "for every sun rise there'd be a set"

167 |

@ABN_Youtube

1 month ago

I'm Saudi Arabian and i want to say that the petrodollar system used to benefit both Saudi Arabia and the United States. Unfortunately, times have changed, and so has the U.S. approach towards us. our agreement was simple oil for security. But now, it feels like the U.S. has been working against us. For example, when the Houthi terrorists were launching missiles at our cities, including our oil fields, the U.S. refused to sell us the weapons we needed to defend ourselves. This wasn’t just a one time incident. Time and again, when we needed support, the U.S. failed to come through. We pay huge amounts of money upfront to purchase American weapons. This money goes to the U.S. Defense Department, which then uses it to build the weapons we need. But instead of delivering these weapons to us as promised, the U.S. Senate blocks the deliveries and sends them to other countries like Ukraine. This has happened despite us already paying for them, and it has left us feeling betrayed. we’ve always relied on the U.S. for security. But now, their foreign policy is failing us. They refuse to cooperate on Middle Eastern issues and seem more interested in creating chaos rather than stability. With our security needs unmet , it’s only natural that we’re looking for new partners. That's why there's a shift towards China

1.9K |

@peterwalton5768

1 month ago

Printing trillions of dollars was an insult to anyone holding dollars. Devaluation of the dollar to drive down American debt was a mistake.

1.3K |

@MichaelLaFrance1

1 month ago

"There’s a fake petrodollar news story doing the rounds that Saudi Arabia and the U.S. had a 50-year contract in which Saudi agreed to settle all its oil sales in U.S. dollars. Supposedly, this is meant to foreshadow the end of dollar dominance and is good for cryptocurrency prices. Except there was no such deal."

88 |

@KhalidAun1

1 month ago

7:06 The crickets were perfect lmfaooo 😂😂

5 |

@trentme09

1 month ago

And just like that, macroeconomics isn't boring anymore

743 |

@furious173

1 month ago

US is famous for exporting Google ads and YouTubers.

688 |

@Holden_Nature

1 month ago

For a second I thought that he was going to say weapons are the largest exports for the US. ..

32 |

@praiseworthy

1 month ago

The debt plus the interest is a nightmare to the word

19 |

@6729solarwolf

1 month ago

If a country tried to get oil without using dollars, that country historically needed more freedom in their lives

1.4K |

@davidmooten6646

1 month ago

the petrodollar gave the US almost unlimited credit....from the rest of the world ,so that explains the ridiculous national debt

895 |

@lizYMaelo

1 month ago

Very educative video! Thank you for this!!

3 |

@indigo025

1 month ago

WAR... Conflict, Depression... hyperinflation... etc

30 |

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