Krystal Ball
๐ค SpeakerAppearances Over Time
Podcast Appearances
One of them is they would need to sell some of their treasury holdings if they are running low on dollars.
So that would be a problem for the treasury market and other countries may have to do that besides.
And then the other threat that they made is
hey, we're not going to have the dollars to be able to pay for oil in dollars.
We're going to have to denominate our oil transactions in Chinese yuan.
So that's why Scott Besson and Trump and everyone's like, no, no, no, don't do that.
Don't worry, we got you.
We'll do this currency line.
So that is what's going on here.
But Ghalibaf demonstrating a very sophisticated understanding of some of the pressures that the U.S.
is under and I guess some of the cards that the Iranians continue to hold.
It was the command that you enter into the Bloomberg terminal.
Right.
For oil, for like oil crude prices.
Just to give you an idea.
AI is definitely going to destroy that business.
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On the Look Back At It podcast.
I'm Sam Jay.