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📱 eBook en inglés PETRODOLLAR COLLAPSE: WHAT HAPPENS WHEN OIL DROPS THE DOLLAR

Energy, Currency Power, and the Unraveling of a Fifty-Year Arrangement

epubli- 9783565322688

Historia Universal Historia universal

Sinopsis de PETRODOLLAR COLLAPSE: WHAT HAPPENS WHEN OIL DROPS THE DOLLAR

In 1974, the United States and Saudi Arabia struck an arrangement that would quietly govern the global economy for half a century: oil would be priced and sold in dollars, and in exchange, Washington would guarantee Gulf security. The petrodollar system was never formalized in a treaty, never voted on by any legislature, and never explained to the billions of people whose lives it shaped. It simply became the architecture beneath everything.
This book examines what happens when that architecture begins to crack. It traces the original petrodollar bargain through its Cold War logic, its post-1991 expansion, and the growing strains introduced by US shale independence, Gulf diversification strategies, and Chinas emergence as the worlds largest oil importer. It follows Saudi Arabias quiet negotiations with Beijing over yuan-denominated oil contracts, the acceleration of Gulf sovereign wealth fund diversification, and the technical groundwork being laid for commodity settlement systems that bypass dollar intermediation entirely.
Drawing on energy economics, diplomatic history, and monetary policy analysis, this is a measured and rigorous account of a transition already underway — and what a post-petrodollar world would mean for American power, global inflation, and the countries whose dollar reserves could become tomorrows stranded assets.

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Escrito por Adrian Wells


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Ficha técnica


Editorial: Epubli

ISBN: 9783565322688

Idioma: Inglés

Fecha de lanzamiento: 14/03/2026

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