Brexodus

The repercussions of Brexit.

Neville owned many office buildings in Manchester, England. He recently sold all his properties and moved to Washington, D.C. He told his family and friends back home that he did it so he could continue watching Wayne Rooney play football, in person. But, in reality, Neville is worried about the Brexodus that is likely to occur soon, with many of his tenants either going bankrupt or moving operations to another country.

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Finance: What are petro dollars?8 Views

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Finance allah shmoop what are petro dollars Well they're just

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money received from the mining of this guy's blood and

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guts because yeah oil that's where it comes from yesterday's

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stegosaurus is today's refined petroleum and we're talking about a

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massive amount of dollars here like you could call them

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master dollars or t rex a dollars or try sarah

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dollars big wealth in the nineteen seventies came from the

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petro era in the same way that it's led today

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by amazon facebook and google When oil prices suddenly spiked

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in the seventies the people who won well they were

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the ones who had massive oceans of it underground We're

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looking atyou saudi arabia and you texas and in times

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when there is so much money coming into a system

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with a shock well the economic driver of that wealth

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becomes a kind of currency itself In fact china's made

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all kinds of noise about making their currency now and

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oil standard upgrading from the old gold silver and bronze

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medal of shame standard that western civilization well he used

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to hold so dear petro dollars petro wealth were still

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feeling it and weigh no that that makes this guy

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Happy at least if you're happy and you know it 00:01:18.389 --> [endTime] never moved

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