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What Happens to Your Money If a Bank Collapses?
- November 7, 2024
- Posted by: Agbaje Feyisayo
- Category: Financial institutions, Gold
No CommentsIn today’s world, banking institutions are integral to our financial well-being. Banks are trusted entities where individuals can deposit money, access credit, and manage their finances. But what happens if a bank fails? Is your money safe in the event of a bank collapse? You may be concerned about your finances due to recent bank
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Navigating Market Volatility: What Will the Fed Do Next?
- August 5, 2024
- Posted by: brian
- Category: Financial institutions, Government
The recent downturn in stock markets has left investors on edge, awaiting guidance from the Federal Reserve (Fed). With significant drops in the S&P 500 and Nasdaq Composite indices, the question on everyone’s mind is: Will the Fed pivot or panic? This article delves into the current market conditions, inflation concerns, and the economic indicators
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International Monetary System
- April 10, 2024
- Posted by: Agbaje Feyisayo
- Category: Financial institutions, Government
In today’s interconnected world, the concept of money transcends borders and is an integral part of international trade and finance. The international monetary system plays a pivotal role in shaping the global economic landscape, influencing the movement of currencies, facilitating transactions, and promoting financial stability. This article delves into the nuances of the international monetary
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Can Banks Seize Your Money?
- March 7, 2024
- Posted by: Agbaje Feyisayo
- Category: Financial institutions
Money is the backbone of our modern economy, and banks are the guardians of our wealth. We trust them with our hard-earned cash, assuming it is safe and secure. However, recent events and historic banking failures have raised questions about the safety of our money in banks. Can banks seize your money without your permission?
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What is the Petrodollar?
- August 8, 2023
- Posted by: Agbaje Feyisayo
- Category: Financial institutions
The term ‘petrodollar’ was coined in the 1970s after the Bretton Woods collapse when a system was established to sell oil in U.S. dollars exclusively. This system has immense implications for international trade and the global economy. The petrodollar system originated from agreements between the U.S. and Saudi Arabia which were later extended to the
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