Every place has a story.
Every person carries a lesson.
Every moment in history leaves a clue.
Iβm Oche π
Iβll be sharing stories about people, places, ideas, history, technology, and the events that shape our world.
Welcome to the journey.
#Storytelling#History
I'm 26 years old and I am pissed that it took me 26 years to realize that you don't find yourself. You create yourself every single day. Every action you take is a vote for the person who you want to become. So please, for the love of God, vote carefully.π€
@ElemSunny Thank you sir...
Consistency on the right part of whatever we're building on is also very important...May God help us spot our path accurately to avoid wasted efforts
@jon_d_doe Social media has always been a very big distraction.....
It seemed like something so obvious... you could easily see through the distractions and filter them out....but right now....we dont even know what's true...and what's not anymore.
@jon_d_doe I actually dont see Obi as a threat to the APC government though.....
He has a lot of traction Online true..but in reality...
I feel he's just another Cubana Chief priest..thinking his online fame can win him this election
10/10
If you enjoyed this thread, follow for more deep-dive stories on finance, history, and global power.
Like + Repost if this added value. Thanks for reading! π #Petrodollar#GlobalFinance
1/10
Did you know?
Almost every country needs U.S. dollars to buy oil β a vital global commodity.
This is the Petrodollar system.
It made the USD a superpower currency & shaped decades of geopolitics.
What exactly is it? Letβs uncover the story. π§΅
#Petrodollar#GlobalFinance
9/10
The petrodollar story isnβt just about money.
Itβs about power, trust, and resources.
It explains todayβs oil battles, sanctions, and global influence.
Is the dollarβs dominance here to stayβ¦ or is a new era coming?
Your thoughts? π
8/10
Today, the world is shifting.
Countries seek alternatives. New alliances form. Power balances change.
Will the petrodollar survive?
Can any currency replace the dollar?
The future of money may be changing. π€
#Petrodollar
7/10
The petrodollar wasnβt the only reason the dollar dominated.
Americaβs economy, institutions, financial markets, and banking system mattered too.
But oil was a powerful piece of the puzzle, shaping global power and alliances.
#Petrodollar#History
6/10
Saudi Arabia played a key role in the petrodollar.
As a major oil supplier, pricing oil in dollars created constant demand.
Oil nations earned dollars and invested them back into U.S. bonds and global markets.
The cycle strengthened the dollar. π
#Petrodollar
5/10
The Birth of the Petrodollar.
Without gold, why would the world still want dollars?
The answer: oil.
In the 1970s, oil was priced in dollars. Countries needed dollars to buy energy.
The dollar found a new source of demand. β‘
#Petrodollar#History
4/10
By the late 1960s, Bretton Woods was cracking.
Vietnam War spending flooded the world with dollars. Countries questioned: could America still back them with gold?
In 1971, Nixon closed the gold window.
The dollar became fiat money.
What happened next? π
3/10
Bretton Woods made the dollar the world's reserve currency.
Countries linked their money to the U.S. dollar because America had the strongest economy and most of the world's gold.
The deal: $35 = 1 ounce of gold
But a hidden weakness was formingβ¦ π
#History#Economics