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What happens when a half-century-old trade agreement between global powerhouses expires? In this episode of the Elsa Kurt Show, we sit down with Clay Novak to unravel the profound consequences of the 1974 US-Saudi Arabia oil agreement coming to an end. This pact, pivotal in anchoring the US dollar and cementing military and economic alliances, now leaves a void with potential for cryptocurrency and gold to rise in its place. Join us as we dissect the ramifications for international trade and express our concerns over the current administration's approach to this seismic shift.
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What happens when a half-century-old trade agreement between global powerhouses expires? In this episode of the Elsa Kurt Show, we sit down with Clay Novak to unravel the profound consequences of the 1974 US-Saudi Arabia oil agreement coming to an end. This pact, pivotal in anchoring the US dollar and cementing military and economic alliances, now leaves a void with potential for cryptocurrency and gold to rise in its place. Join us as we dissect the ramifications for international trade and express our concerns over the current administration's approach to this seismic shift.
Support the Show.
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