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The Middle East just changed power brokers, and America’s not in the deal. In his latest Street Sense column for MarketWatch R360’s Charlie Garcia breaks down the recent Saudi-Pakistan defense pact—a move that gives Riyadh access to Pakistani nukes, Chinese backing, and a front-row seat in the post-American Middle East.
This isn’t just about geopolitics, says Charlie, it’s about money. The petrodollar’s favorite ally just bought insurance from Beijing. That has consequences for your portfolio, your 401(k), and the dollar you still assume is untouchable.