Why The Great Petrodollar Unwind Could Be $2.5 Trillion Larger Than Anyone Thinks
August 30, 2015 at 16:51 PM EDT
The flow of exported petrodollar capital (i.e. USD recycling) has suddenly turned negative for the first time in decades, as countries like Saudi Arabia looked to their stash of FX reserves to shore up their finances in the face of plunging crude.