When the tensions, sanctions and counter-sanctions between the West and Russia over Ukraine are still high the Western mainstream media sure has noted Russia’s gas deal with China – btw which is expected to be worth more than $400 billion – but not its importance for petrodollar nor global security. Here I would like to share an exellent article “The Colder War and the End of the Petrodollar” by Marin Katusa, Casey Research’s Chief Energy Investment Strategist.
The Colder War and the End of the Petrodollar | Casey Research.
