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Unpacking World Crises: Exploring the Impact of Tulip Mania!
Join me as I take a deep dive into the world of crises and their lasting impacts. In the first installment, I uncover the bizarre phenomenon of Tulip Mania and its relevance in today's financial landscape. Don't miss out on...
The Rise and Fall of Tulip Mania: the Strangest Crisis!
🚨INTERESTING FACT🚨 Did you know that the famous Tulip Mania Crisis was caused by speculation in prices? This strange event teaches us an important lesson - nothing can keep rising endlessly without consequences. Stay informed and beware of price bubbles!...
The Alliances' Oil Export Threat to the US Dollar
10 million barrels of oil a day. That's the estimated volume of Russian and Iranian oil exports, worth a potential $1 billion daily. It's clear that the alliance against the dollar is gaining strength. What does this mean for the...
Why the Dollar Still Reigns in Global Oil Trade
The fallacy of a Russia-China alliance against the dollar revealed! Let's break down the numbers: CIA estimates 5 billion dollars per day in global oil export revenues vs. total international demand. It's time to rethink this alliance.
Replacing the Dollar: How Russia Tried to Shift Global Gas Trading with Regional Currency!
Russia and China have attempted to replace the dollar as the global currency for gas trading, but their efforts have not gained popularity. Will other nations join in the movement led by the BRICS group?
Petrodollar System in Favor of National Currency and Trade Partners
Russian Minister of Economy calls for companies exporting weapons and energy to ditch the dollar and use the ruble or trading partners' currency instead. Is this the beginning of the end for the petrodollar?