4min chapter

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Trump DEMANDS Rates Cut NOW—Will this Crash the Economy?

Eurodollar University

CHAPTER

OPEC's Risky Gambles and Their Economic Fallout

This chapter examines OPEC's strategy of maintaining high oil prices through supply cuts, anticipating a swift economic recovery that failed to materialize. It highlights the resulting global economic challenges, the misjudgment of market conditions, and the ongoing need for further production cuts amid weak demand.

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