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. This video will go from 2000 to 2021. Throughout that time, the total wealth of countries has shifted up and down due to economic expansions and recessions. If you enjoy this video, be sure to leave a like, comment, and subscribe!
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 ope
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