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by sand_castles
2182 days ago
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> If the oil money were cut off from KSA, the lifetime of that regime would be measured in hours. Are you sure about that ? both Putin and Xi would jump to make a deal for future oil exports in exchange for meeting Saudi social / security needs. > America has a large and diverse non-oil economy So does India, China <-- not superpower or depend heavily of foreign borrowing. Pulling the plug on the dollar would materially make Americans poorer, independent analysts have put 50% of the value of the dollar arising from WRC status. Americans can't handle that level of lifestyle change, without it being turned into a revolution. |
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Xi is different, but its a big question whether the Saudis would agree to their usually awful terms.