"Kissinger’s 1974 deal held through the Cold War, the Gulf Wars, the financial crisis and a pandemic. The petrodollar loop was always a political arrangement dressed in financial clothing. Now that the politics have changed, the finance is following." https://www.bloomberg.com/opinion/articles/2026-04-06/the-petrodollar-loop-supporting-the-treasury-market-is-broken?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3NTQ1MzI0OSwiZXhwIjoxNzc2MDU4MDQ5LCJhcnRpY2xlSWQiOiJURDIwSFZLR0NURkswMCIsImJjb25uZWN0SWQiOiIwQzg4NkY0NTI0NzY0RUE0OEY2QTk4RTk1NDc5RTI2NSJ9.4H-QKznaoBWm4tP9CybnFOxfnUKZvjcyJwY4xUoHuno













