The petrodollar forced the world to hold dollars to buy oil. It's visibly fraying now. Here's how it actually works, why it's lasted 50 years, where it's cracking, and why a BRICS bloc currency would be worse, not the fix.
Macro analyst Luke Gromen on why China's rare-earth leverage quietly removed the military deterrent behind the dollar order, why he thinks gold has overtaken the Treasury bond as the primary reserve asset, and why reshoring means devaluing the dollar.
Energy economist Anas Alhajji makes the strongest case against the de-dollarization story: BRICS is a paper tiger, the petrodollar is here to stay, and the Gulf trip deepened dollar integration. Plus why 'drill baby drill' is over, and the power crunch nobody is pricing.
Macro analyst Lyn Alden on why reserve-currency status quietly costs the US its industrial base, why there's more inflexible demand for dollars than there are dollars to repudiate, and where gold and Bitcoin fit as neutral reserve assets once the system shifts.
Don't be afraid to admit it; bitcoin competes with the dollar as a currency.
GameStop is reportedly considering investing in Bitcoin, sparking speculation after CEO Ryan Cohen’s meeting with Michael Saylor and triggering a surge in GME stock price.