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| | :*[https://www.worldaffairsincontext.com/p/peter-schiff Bond Market Collapse & Dollar Crisis - Massive Economic Crash Incoming] | [[Peter Schiff]]. | | :*[https://www.worldaffairsincontext.com/p/peter-schiff Bond Market Collapse & Dollar Crisis - Massive Economic Crash Incoming] | [[Peter Schiff]]. |
| | *[https://larrycjohnson.substack.com/p/sulfur-and-urea-their-role-in-the Sulfur and Urea: Their role in the global economy and who is hurt most by the Persian Gulf cutoff]. | | *[https://larrycjohnson.substack.com/p/sulfur-and-urea-their-role-in-the Sulfur and Urea: Their role in the global economy and who is hurt most by the Persian Gulf cutoff]. |
| | + | *''[[Zerohedge]]'': [https://www.zerohedge.com/geopolitical/petrodollar-could-break-soon-and-upend-global-financial-system The Petrodollar Could Break Soon - And Upend The Global Financial System]. |
| | + | {{quotebox-float|For more than 50 years, US protection of the Gulf monarchies has helped support global demand for dollars and US government debt. That bargain may now be coming under strain. |
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| | + | The concept is straightforward. |
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| | + | The US provides military protection to countries such as Saudi Arabia, Kuwait, the United Arab Emirates, Bahrain, and Qatar. |
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| | + | In return, these countries price much of their oil in US dollars and recycle large amounts of their oil revenue into US financial assets, including Treasuries. |
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| | + | If the Gulf monarchies conclude that the US cannot protect their oil infrastructure, shipping lanes, cities, and regimes from Iran, why should they continue upholding their side of the bargain? |
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| | + | That question could reshape the international monetary system.}} |
| | *[https://neuburger.substack.com/p/if-our-government-makes-dollars-what If Our Government Makes Dollars, What Is the ‘National Debt’?] | | *[https://neuburger.substack.com/p/if-our-government-makes-dollars-what If Our Government Makes Dollars, What Is the ‘National Debt’?] |
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