Petrogold has entered the chat

26/01/2023 1h 1min

Listen "Petrogold has entered the chat"

Episode Synopsis

As the entire world (including Saudi Arabia) gets to know China a little better, the prospects of the petroyuan taking over seems less and less likely. And that's even with all the trade partnerships in the works for China. Seriously, their municipalities are running low on cash, their real estate market is in shambles, and their leadership is seemingly oblivious to their economic deterioration. However, to throw another turd in the punchbowl, talks of the petrogold are starting to materialize. On the homefront, debt ceiling concerns are back as it was kicked down the road back in 2021. What will these concerns potentially turn into?
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