SVB, China and the Saudis: End of the U.S. petrodollar era?

SVB, China and the Saudis: End of the U.S. petrodollar era?

FPI / March 15, 2023 Geostrategy-Direct Soon after Silicon Valley Bank went bust on March 10 in the second largest bank failure in U.S. history, the Biden administration stepped in and bailed out SVB’s depositors, the majority of whom are wealthy donors to the Democrat Party. “For Washington, this was no big deal,” independent journalist […]