3 ms·
Thankyou for pointing this out. People get very weird about how the petrodollar works, it's more about convenience than force. Like the "eurodollar" of financia
by pjc50 8mo ago
Thankyou for pointing this out. People get very weird about how the petrodollar works, it's more about convenience than force. Like the "eurodollar" of financial clearing. In general people overlook how much America (and to a lesser extent the UK) export "stability as a service". Which becomes jeopardized if the leader is unstable.