Saturday, June 15, 2024

Petrodollars: "Investigators Later Determined It Was June 14, 2024 When Ms Kaminska Had Had Enough Of This Crap"

Her tweets followed a well-trodden path, puzzlement followed by irritation, exasperation and finally, emojification.



And today we see at MarketWatch:

Reports of the petrodollar system’s demise are ‘fake news’ — here’s why
Stories about the collapse of a longstanding ‘petrodollar’ agreement between the U.S. and Saudi Arabia spread like wildfire on social media. But the agreement never existed.