Tag Archives: nuclear energy

Saudi Arabia Divesting from Petrodollar to Nuclear Energy Based Economy

Nuclear power is making a debut in Saudi Arabia as it is entertaining bids for building 16 nuclear reactors over the next decade, at a projected cost of $60 billion. As everyone knows already, the fiat dollar derives its perceived value from the fact that OPEC cartel members, including Saudi Arabia, committed themselves to accepting only the dollar and nothing else. Continue reading Saudi Arabia Divesting from Petrodollar to Nuclear Energy Based Economy