End of the US Dollar? | Petro-Dollar Agreement comes to an End | tbh

Hey everyone, it's Kunal! Today, I'm diving into a shocking development that has been largely ignored by mainstream media, overshadowed by recent election results.
On June 9th, 2024, the longstanding petrodollar agreement between the US and Saudi Arabia came to an end. This 50-year-old agreement marked a significant shift in global economics, and I'm here to break it down for you in the next 4 minutes.
In today's video, I'll explain what's happening, why it's happening, and how this will affect us Indians and future generations. Let's get started!
Timestamps:
00:00 - Introduction
Shock and lack of media coverage
00:40 - The End of an Era
The significance of the petrodollar agreement ending
01:20 - Global Trade Explained
Understanding global trade and the role of the US dollar
02:00 - Historical Context
The Bretton Woods Agreement and the rise of the US dollar
03:30 - Birth of the Petrodollar
How oil and the dollar became intertwined
05:10 - Changing Times
The collapse of the Bretton Woods system and the emergence of the petrodollar
06:50 - The Saudi Shift
Saudi Arabia's decision to trade oil in multiple currencies
07:30 - Global Impact
The rise of BRICS nations and the diminishing dominance of the US dollar
08:20 - India's Role
How India can benefit from this shift
09:10 - Future Prospects
The potential impact on global trade and India's economy
10:00 - Conclusion
Summarizing the implications and looking ahead
This video uncovers the hidden story of how the petrodollar system shaped the global economy and why its end could be a game-changer for countries like India.
If you found this video insightful, please like, share, and subscribe. Let's discuss how this monumental shift could influence our future in the comments below. How do you think this will affect global trade and India's economy?
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#Petrodollar #GlobalEconomics #USSaudiRelations #IndiaEconomy #BRICS #Geopolitics #Finance #OilTrade #EconomicShift #GlobalTrade

[@sulekhakhurana3898]

Interesting 😮

[@guchanerzorlu399]

Good info, thanks. Just you can lower or totally remove the music :).

[@tbh._india]

Yes absolutely, noted Thanks 🤩

[@prsimoibn2710]

First outlets to speak about this were indian outlets, but as real expert say, whatever comes from India is not true.

[@tbh._india]

😅😅

[@gujjavarshith]

(suggestion) remove background music use it as less as possible

[@tbh._india]

Yes sir, noted 🫡

[@shaikakbar3444]

(Suggestion)change white background

[@tbh._india]

But i like white 🤧