Archived Oil-rich nations selling off petrodollar assets at record pace (business.financialpost.com)
submitted ago by catechumen
Posted by: catechumen
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Archived on: 2/12/2017 1:51:00 AM
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Archived Oil-rich nations selling off petrodollar assets at record pace (business.financialpost.com)
submitted ago by catechumen
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[–] catechumen [S] 0 points 2 points 2 points (+2|-0) ago
Countries that are oil rich have been selling off the assets that they purchased in the US since OPEC reduced the cost of oil drastically. This is in contrast to how much they usually invest in our economy, when oil prices are high. Sort of a double-whammy to our economy.