Saudi Arabia said they are now ‘open’ to the idea of trading in currencies besides the US dollar — does this spell doom for the greenback? 3 reasons not to worry – By Vishesh Raisinghani (Moneywise) / Oct 30, 2023
The 2023 World Economic Forum gave the world a good glimpse into the future the global elites envision for us all. And it’s interesting to say the least.
Saudi Arabia’s Finance Minister, Mohammed Al-Jadaan, stunned reporters in Davos when he expressed that the oil-rich nation was open to trading in currencies beside the U.S. dollar for the first time in 48 years.
“There are no issues with discussing how we settle our trade arrangements, whether it’s in the U.S. dollar, the euro, or the Saudi riyal,” Al-Jadaan said.
His comments are the latest signal that powerful nations across the world are plotting a “de-dollarization” of the global economy.
