However, the petrodollar has two sides to it, it's the worlds reserve currency because the US agreed to provide for the defense of the oil rich countries. The whole reason that the OPEC countries agreed to this is because of the threat of the Soviet Union taking their countries along with the oil. So therefore if the dollar collapses, so does the defense agreement. So who is a uber-rich oil sheik to trust, Russia who just gobbled up Ukraine, or the US who keeps the oil lanes open and their borders secure?
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