Hi Peter, as you are probably aware Saudi Arabia ended the 50 year agreement to exclusively sell Oil for US dollars. You have been talking about this for years now and it's finally coming home to roost, what does this do for the near-mid future of the dollar?
I'm a bit confused what it means for the Saudi Riyal because their currency is pegged to the US dollar too. What do you think their plan is? Gold backed Riyal or BRICS currency?
I think here is a thought of mind Peter Schiff will enjoy:
I have figured out how to solve the homelessness crisis. Instead of counting how many people are homeless directly we should rather be counting it like we are counting unemployment. If a homeless person hasn't actively sent a message on Zillow, toured a potential house to live in (legally) or shown interest in acquiring a house in any other form or matter in over a year, then we simply don't consider them homeless. How can a person be homeless if they apparently don't even want a home after all? By counting homelessness this way we could drastically reduce the number of homeless people and claim massive success in reducing poverty!