Petrodollar Panic? China Signs Currency Swap Deal With Qatar and Canada

The march of global de-dollarization continues.  In the last few days, China has signed direct currency agreements with Canada becoming North America’s first offshore RMB hub, which CBC reports analysts suggest “could double maybe even triple the level of Canadian trade between Canada and China,” impacting the need for Dollars.But that is not the week’s biggest Petrodollar precariousness … Continue reading Petrodollar Panic? China Signs Currency Swap Deal With Qatar and Canada