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Economics: Red Sea Crisis

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Created December 9, 2025

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https://www.revid.ai/view/economics-red-sea-crisis-8mLSe6ww19DAjcDS57VW

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Video Transcript

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Revising for A-level economics, the Red Sea shipping crisis hit the news.

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Teacher showed us the numbers. Shipping costs jumped 300% overnight. Abstract diagrams became

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real. Supply chain disruptions meant higher input costs, shifting the supply

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curve left. Government faced an impossible choice: inflation control or business support.

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My exam asked about theory; I wrote about the Red Sea crisis instead.

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Real-world economics is messier than any model. Markets don't stabilize smoothly.

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I got full marks! The examiner praised my real-world analysis. It all clicked.

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