Abibitumitv.com

Why Sweeping Global Sanctions Did Not Stop North Korea

Sat, 08 Aug 2026 05:44:47 +0200

North Korean leader Kim Jong Un has raked in as much as $22 billion in foreign earnings from 2022 to 2025, according to a Bloomberg Economics analysis. That represents a 400% rise in revenues from the previous four-year period despite sweeping global sanctions.

So how did Kim do it, and why is a richer North Korea an even bigger concern for the world?

Read more:
Kim Jong Un Flouted Sanctions to Amass $22 Billion Windfall
https://www.bloomberg.com/grap....hics/2026-north-kore

00:00 Introduction
01:55 Recent economic growth
03:48 Geopolitical landscape
05:21 Crypto thefts
06:14 Trade with China
07:03 Arms sales to Russia
09:22 Regime survival

#northkorea #kimjongun

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The Quiet Move That Could Reshape Congo's Future!

Thu, 23 Jul 2026 14:40:37 +0200

Patreon: https://www.patreon.com/HomeTeamHistory

African Kings Book: https://mixam.com/print-on-dem....and/69a6d8e7cc73f0a9

America's Most Powerful Weapon Is Not Nuclear Weapons, It is The Petrodollar

Sat, 18 Jul 2026 12:40:05 +0200

Ever heard of the petrodollar and wondered what it is? Why does the U.S. dollar dominate global trade? And why is oil almost always priced in USD? This video breaks down the petrodollar system, how it strengthens the U.S. economy through petrodollar recycling, and why BRICS countries are pushing for de-dollarization with alternatives like the petroyuan. But could the petrodollar collapse? And if it does, would the U.S. lose its status as a superpower?

Using simple language and real-life examples, we'll explore how the petrodollar shapes global finance and why it’s so controversial. Subscribe for more financial videos and tricks!

You can watch the "What is Fiat Money? Why Paper Money Has Value?" here: https://www.youtube.com/watch?v=-SdpOESEcM8

Join this channel to get access to perks:
https://www.youtube.com/channe....l/UCLdLVA4iiC6x22Rb0

Chapters:
0:00 Introduction
0:43 What is the Petrodollar?
3:20 History of the Petrodollar
8:16 How Important is the Petrodollar to the U.S.?
9:45 Why is the Petrodollar Controversial?
13:12 Future of the Petrodollar

Credits:
U.S. Military Edit: https://www.youtube.com/watch?v=c_r7mlIJ8so
Oil in the desert: https://www.youtube.com/shorts/qm-95TsG54Q
USBall thumbnail: Michael_nagik_-_Fourth_of_July.png

Nixon 1971: The Day the U.S. President Made the Fiat Dollar the Gold Standard — And Nobody Voted On

Thu, 16 Jul 2026 09:18:57 +0200

On August 15, 1971, President Richard Nixon interrupted Sunday night television to make an announcement that would quietly reshape the entire global financial system. Without a single vote in Congress, without consulting America's allies, and without any public debate, Nixon severed the last link between the U.S. dollar and gold — ending the Bretton Woods system that had governed international finance since World War II.
What followed was the birth of the fiat money era we still live in today. Inflation spiraled. Oil prices quadrupled. The petrodollar system emerged. And the rules of money changed forever — not through democratic process, but through a secret weekend meeting at Camp David attended by just fifteen men.
This is the story of how one decision, made behind closed doors, turned the dollar from a gold-backed promise into pure government decree — and why you're still paying the price for it more than fifty years later.
Sources and further reading:

Federal Reserve History — "Nixon Ends Convertibility of U.S. Dollars to Gold"

U.S. State Department — "Nixon and the End of the Bretton Woods System, 1971–1973"

Jeffrey E. Garten — "Three Days at Camp David: How a Secret Meeting in 1971 Transformed the Global Economy"

World Gold Council — "The Bretton Woods System"

Bank for International Settlements — Working Paper No. 684, "Triffin: Dilemma or Myth?"
#nixonshock #goldstandard #brettonwoods #fiatmoney #usdollar #monetaryhistory #campdavid #petrodollar #globalfinance #economichistory #nixon1971 #goldwindow #centralbanking #moneyprinting #inflation #reservecurrency #financialhistory #wtfhappenedin1971 #johnconnally #paulvolcker #degaulle #triffindilemma #documentary

The Petrodollar: How America Made the World Buy Oil in Fiat Dollars — And Trapped Everyone In It

Thu, 16 Jul 2026 09:16:48 +0200

In 1971, the United States cut the dollar loose from gold and gambled the entire global economy on a single question: what gives a piece of paper its value once the metal underneath is gone? The answer turned out to be oil — and the deal that made it happen was kept secret for forty-one years.

This is the story of the petrodollar: how a moment of weakness became the most durable instrument of power any nation has ever wielded. From the collapse of Bretton Woods and the Nixon Shock, to the 1973 oil embargo that quadrupled prices overnight, to the chain-smoking Wall Street bond trader who flew secretly into Saudi Arabia in 1974 to strike a deal that would anchor the dollar to the world's most essential commodity.

But this isn't just a story about American advantage. It's a story about a trap. We follow the petrodollars on their journey — from oil importers, into Gulf treasuries, through Western banks, and out as cheap dollar loans to the developing world. Then we watch Paul Volcker raise interest rates to nearly twenty percent and the bill reset overnight, triggering Latin America's "lost decade," sovereign defaults, and more than twenty million people pushed into extreme poverty.

We separate documented history from myth: the real secret Treasury bond arrangement versus the viral "single 1974 oil treaty" that never actually existed. We look honestly at the contested "petrodollar war theory" surrounding Iraq and Libya — what's proven, what's speculation, and why the truth refuses to be neat. And we examine whether the system is finally cracking, with the dollar's reserve share at a three-decade low, the rise of the petroyuan, and central banks quietly stacking gold.

How did America make the world buy oil in dollars? And who really got trapped in it?

If this pulled back the curtain on something you only half understood, hit like and subscribe for more deep dives into the hidden machinery of money and power.

#petrodollar #usdollar #oileconomy #geopolitics #financialhistory #dedollarization #brettonwoods #nixonshock #federalreserve #saudiarabia #opec #petroyuan #brics #reservecurrency #globaleconomy #macroeconomics #economichistory #paulvolcker #debtcrisis #dollarhegemony #wallstreet #powerstructures #moneyexplained #oilanddollars #economicsdocumentary

If You Don't Understand the Petrodollar, You Don't Understand Geopolitics

Thu, 16 Jul 2026 09:13:29 +0200

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

🔔 Subscribe for more finance and economics content: @LockStockFinance

#iran #petrodollar #geopolitics #trump #saudiarabia #uae #dubai #oil #money #economy

If You Don't Understand the Petrodollar, You Don't Understand Money

Thu, 16 Jul 2026 09:12:10 +0200

👤 Meet Felix Prehn:I'm your host, Felix Prehn. My journey took me from being a novice investor to an investment banker, a corporate lawyer, and an entrepreneur. Investing was my key to early retirement at 40. My goal? To empower YOU to navigate the financial market with ease and transparency, free from the conventional financial system's noise. Let's embark on this journey to financial freedom together!⚖️This is from my lovely lawyers:The content in this video is for informational and educational purposes only. It does not constitute and should not be construed as financial or investment advice or an offer to purchase or sell securities. The content is not personalized or tailored to a specific person or group of persons, nor to their personal investment or financial needs. You should consult a financial adviser or other investment professional authorized to provide investment advice. Investing comes with risks, including the risk of loss. Presentations of trades made by Felix Prehn or Goat Academy Ltd or its personnel are not a guarantee that any investment decision made by a student will be successful. Past performance is not a guarantee of future performance.Timestamps:00:00 Intro01:31 Follow the Energy: Why Oil is Everything (93M Barrels/Day)02:48 The Natural Trade: Saudi Arabia, Japan, and the Currency Catch04:37 History: Bretton Woods (1944) and the Dollar-Gold Peg06:56 Nixon’s Shock (1971): The Death of the Gold Standard07:51 The Fiat Problem: Money Backed by Nothing08:28 1973 Crisis: Kissinger, Saudi Arabia, and the Birth of the Petrodollar10:26 The Loop: How Petrodollar Recycling Creates Forced Customers13:47 3 Massive Advantages for America: Demand, Debt, and Power14:36 Live Intelligence: Tracking the Petrodollar, Metals, and the Middle East16:48 The Weaponized Dollar: Sanctions as an Economic Nuke17:57 De-dollarization Begins: China, Russia, India, and the Backup Plan19:05 3 Investment Risks: Dollar Weakness, Higher Rates, and Geopolitics20:49 3 Investment Opportunities: Hard Assets, Emerging Markets, and the Green Transition22:45 The Future: Why the Dollar Isn’t Collapsing Tomorrow (Momentum & Military)24:35 Gradual Erosion: The "Newspaper Moment" for the US Dollar26:03 Outro#felixprehn #stockmarket

US economy is based on Ponzi scheme that could collapse, warns economist Michael Hudson

Wed, 22 Apr 2026 08:36:12 +0200

There are growing signs that the United States may be on the verge of another major financial crisis, one that could start in the $3 trillion private credit market, which is already seeing significant turmoil, before spreading to other sectors.

Geopolitical Economy Report editor Ben Norton interviewed economist Michael Hudson to discuss the serious problems on Wall Street. Hudson warned that the US economy is built on a Ponzi scheme that depends on continuing to pour money into a bloated, bubbly financial system based on unsustainable speculation, not industrial production.

Check out our related short video about the private credit crisis on Wall Street: https://www.youtube.com/watch?v=S1cx9Zk6WZk

Topics
0:00 Introduction
1:37 Highlights of Michael Hudson
3:29 Interview starts
4:18 2008 financial crisis
5:04 Zero interest-rate policy (ZIRP)
7:31 Private equity
9:17 Lack of investment
10:34 Wealth inequality
12:08 Debt defaults
14:10 Depression fears
16:12 US govt supports Wall Street
19:07 Ponzi schemes
23:51 US economic problems
27:35 Iran war impact
30:16 Financialization of economy
33:46 Outro

|| Geopolitical Economy Report ||

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The West PANICS as Ibrahim Traoré Pushes $1B AES Agenda

Mon, 13 Apr 2026 02:27:07 +0200

The West didn’t see this coming…Ibrahim Traoré has just unveiled a bold $1 BILLION development plan under the Alliance of Sahel States (AES), and it’s already sending shockwaves across the global stage. From economic independence to security cooperation, this move could redefine the future of the Sahel region.But what does this really mean for Africa… and why is the West so concerned?In this video, we break down the real strategy behind AES, the vision driving this massive investment, and how it could shift the balance of power away from traditional influence. This is bigger than politics — it’s about control, resources, and the future of an entire region.Is this the beginning of a new African era… or a risky gamble?Watch till the end to understand what’s really happening.

Abibitumi Investments

Thu, 08 Jan 2026 16:35:09 +0100

Abibitumi Investments talks with the Ghana Investment Promotion Centre
Sunday 11th January 2026 - 4PM GMT
Reserve your seat now: ⁣www.abibitumi.com/investghana/