You know you're in trouble when you ask someone addicted to credit for financial advise.
What is the stance of the UAE on stuff like the Palestine-Israel War and the America-Iran War? I think I have heard that it is some real traitorous piece of work (to the Middle East) but I might be misremembering.
The U.S. made the same petrodollar deal with them that they did with Saudi Arabia. The UAE has way too much money in U.S. stocks to have any choice other than to stick by the U.S. and Israel.
Oh, I see. What a nasty egg.
Swap lines are typically administered by the Fed, but its 12-person policy committee, the Federal Open Market Committee, is unlikely to approve one for U.A.E., some of the officials said.
How trustworthy is this?
not much that comes out from US regime can be taken too seriously right now
Thanks for confirmation.