Arab Emirates Exits OPEC

Patrick Wood: “The End Of The Petrodollar And The Rise Of IMEC”

“History has just been made. The Petrodollar is dead. Asset tokenization will replace the dollar when pricing oil. The IMEC corridor is rebooted with or without the Strait of Hormuz. All of this at the hands of the UAE, the balance of power in the Middle East has shifted. This validates my new book, The New Economics of Technocracy.”

https://open.substack.com/pub/patrickwood/p/boom-united-arab-emirates-exits-opec?utm_campaign=post-expanded-share&utm_medium=web

Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

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