This video will compare the top 10 countries by their total wealth - the total sum of the value of a country's assets minus its liabilities - from 2000 to 2021.
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Here are some key dates to look for:
2000-2002: Dot-com Bubble, NASDAQ drops over 50%.
2008: Great Recession: Countries globally faced severe economic and financial meltdowns.
2014: Russian Financial Crisis: Due to a drop in oil prices, a devaluation of the Ruble, and sanctions on Russia due to its invasion of Crimea, Russia faced an economic recession.
2018: China-US Trade War, US President Trump put tariffs on Chinese goods, starting an economic trade war between the two countries.
2020: The Covid-19 pandemic forces many countries to shut down, resulting in recessions. However, many economies recovered after opening back up.
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