Trump’s War in Iran has sparked global fears about the economy. If the Strait of Hormuz were to remain closed, and Dubai, Saudi Arabia, UAE and the other Gulf states continue to come under attack, global oil prices could surge.
Why has Trump launched this attack on Iran now?
Everything comes back to the US Petrodollar system. Oil is at the root of everything. It’s been the basis of our global economy since the Second World War.
But what actually is the Petrodollar system? How does it work? Why was it put in place? What’s the future of the Petrodollar?
In this video, we dive into the topic. Keeping the Petrodollar afloat explains all the US foreign policy, and all geopolitics, for more than 70 years. Everything from the first Gulf War, to the War in Iraq, to Russia’s invasion of Ukraine, to the current War with Iran.
00:00 – Introduction
00:30 – Why Is Oil So Important?
01:17 – How the US Dollar Controlled Global Economy
01:53 – Gold Standard and The Nixon Shock
02:44 – Global Reserve Currency
03:20 – Petrodollar Agreement with the Saudis
04:00 – How the Petrodollar System Works
05:00 – Petrodollar Recycling
05:43 – Future of the Petrodollar
06:06 – Why Hostile Countries Trade In Dollars
06:50 – China and Russia
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#iran #petrodollar #geopolitics #trump #saudiarabia #uae #dubai #oil #money #economy
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Came from shorts.
Espectacular
I'm currently sitting on about $300k in cash. with the market being in a recession, i know dips can create some great buying opportunities. what stocks do you think are worth looking into right now?
yessirrr
Không bỏ nổi.
Pasado
Merveilleux
very informative
쓰레기. 미국
전쟁. 선동. 범죄국
gh
Elites will use everything to maintain Power. Money will be the Power. I wish everyone realize the Truth before it is too late.
Genius
Gold is rising in price not because of China, but because of inflation in the US
सुपर
Ok
Kim Anh : Funiki
Ogg
I started investing stocks with $3,350, and since following my mentor for a few weeks now and I’ve gotten, $14579. It’s a small gain to many but large to me as the more I get, the more I can do by staying consistent
Oi
I started with $5k just last week and now I’ve hit $17,590. I was having this exact conversation with my son the other night generational wealth isn’t just about getting money. It’s about teaching everyone not only how to make it, but also how to maintain it. It does no good for me to provide for my family if they don’t understand how to manage and sustain it with the financial market investment strategy trading.
Building a small account requires strict discipline. my initial $3,360 investment has grown to over $26,000. For me, this isn't just about the profit; it’s about mastering a repeatable system that allows for consistent growth.
तबाही
hii
Essential information for people. Good job on teaching people by providing a solid overview of the petrodollar. Beautifully done explanation that even a child could understand.
naileditt
Useful Information ℹ️
Thanks Sire ❤