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Simon says Gulf sovereign wealth, Chinese money, and Western finance together are using Middle Eastern energy and corridors to build alternative payment rails and shape global transactions.
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Payment rails
A transcript-matched topic anchored by excerpts such as "...middle as they build, as they build out all these alternative payment rails and various other things. So"
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A transcript-matched topic anchored by excerpts such as "...middle as they build, as they build out all these alternative payment rails and various other things. So"
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"...middle as they build, as they build out all these alternative payment rails and various other things. So"
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"I think real power, and I'm not saying the golf is the power I'm saying real power, China, um, which to some degree, Russia..."
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"If they need to combat inflation. Um, so it's an opportunity for them to be able to, to improve the economy. inflation by pushing..."
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"...they're actually serving. And so the Gulf countries have built alternative payment rails. They've reduced the petrodollar to the petroyuan about 70, 30 right..."
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"...did a bond offering. Um, so all of these are alternative payment rails and alternative. Financial rails, um, are being built. So what's actually..."
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This interview is useful because it does not merely pile up predictions.
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