The Dame Dos Era: When Venezuelans Were Richer Than Americans (Untold Story)
Автор: Epic Financial Historian
Загружено: 2026-01-06
Просмотров: 26
Описание:
In the 1970s, Miami was being transformed—not by tourism, but by a tidal wave of Venezuelan petrodollars. Known as the *"Dame Dos" (Give me two)* generation, wealthy Venezuelans spent billions on Miami real estate and luxury goods while the U.S. was in a deep recession. But this era of "Saudi Venezuela" was a shimmering mirage.
In this video, *Finance History* uncovers the brutal financial mechanics behind the boom and the eventual collapse. We explore:
The *Petrodollar Recycling* trap used by Wall Street banks.
The *Volcker Shock* that tripled Venezuela's debt overnight.
The tragic 1989 *Caracazo riots* that ended the dream forever.
How the skyscrapers of Brickell were built on the "Devil’s Excrement."
Discover how a nation was foreclosed upon by the global banking system and why Miami is the beautiful result of a neighbor's bankruptcy.
Subscribe to Finance History to follow the money and find the truth.
#FinanceHistory #MiamiHistory #VenezuelaOil #EconomicCollapse #Petrodollars #DameDos #HistoryOfMoney
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