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The Future of the Petro Dollar

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2018-06-27 03:24

Photo provided by Rice University: http://news.rice.edu/2013/06/06/energy-market-globalization-topic-at-rices-baker-institute-june-12/

The world only has 50-60 years of cheap oil left. The US petro dollar will fade after 30-40 because market forces will panic at around that time. China holds most of the US debt in dollars; not oil or gold. What is your prognosis for global stability?

https://m.csmonitor.com/Environment/Energy-Voices/2014/0714/How-long-will-world-s-oil-reserves-last-53-years-says-BP

2018-06-27 03:24

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The Future of the Petro Dollar