In a shocking revelation, Dr. Ankit Shah, renowned for his expertise in geoeconomics and geopolitics, has made a prediction that the US dollar is on the brink of collapse. This prediction has far-reaching implications for the global economy, and India, in particular, is likely to feel the impact.
To understand the background of this prediction, it is essential to delve into the concept of globalization and the role of the US dollar as a reserve currency. The notion of globalization, as we were taught, is a glorified version of the Western template, which emphasizes the free flow of factors of production, such as human resources, machines, markets, and money. However, this concept is flawed, as it only benefits one side of the globe, primarily the Western countries.
The US dollar, as a reserve currency, has been the backbone of the global economy since the 1970s. However, its delinking from gold has led to unchecked money printing, which has resulted in the devaluation of the dollar. The consequences of this are far-reaching, including the destruction of productivity, the breakdown of family units, and the commercialization of every aspect of life.
The education system, which was designed to produce job-seekers rather than entrepreneurs, has also played a significant role in perpetuating this flawed system. The emphasis on memory testing and the lack of focus on practical skills have led to a generation of unproductive individuals who are dependent on the job market.
The deep state, a term used to describe the powerful aristocrat families who have been controlling the global economy for centuries, has been instrumental in shaping the world order. These families have been pulling the strings from behind the scenes, influencing governments, institutions, and economies to serve their interests.
The current global conflicts, including the Russia-Ukraine war, the Israel-Palestine conflict, the US-Israel-Iran war and the tensions between India and China, are all part of a larger game plan to maintain the dollar’s reserve currency status. The deep state has been using these conflicts to justify the printing of more dollars, which has further devalued the currency.
However, there are signs that the tide is turning. The dedollarization of international bodies, such as the WTO, and the shift towards multipolarity are indicative of a changing global order. The US, Russia, China, and India are working together to promote dedollarization, which will lead to a more equitable distribution of power and wealth.
In India, the government has taken steps to promote the rupee as a savings currency and to reduce dependence on the dollar. The demonetization of 2016 was a significant step in this direction, as it aimed to clean up the economy and promote the use of the rupee.
The implications of the dollar’s collapse are far-reaching. The valuations of core sectors, such as manufacturing, farming, and defense, will boom, while the services sector may take a hit. The stock market will also be affected, with companies that are dependent on Western clients likely to take a hit.
In conclusion, the impending collapse of the US dollar is a reality that we cannot ignore. The deep state’s grip on the global economy is slowly loosening, and a new world order is emerging. As India navigates this changing landscape, it is essential to understand the implications of dedollarization and to take steps to promote the rupee as a savings currency.
Note: The core prediction above was made by Dr. Ankit Shah a few years back. Many subsequent events, including the ongoing war with Iran, lend weight to this prediction. You may draw your own conclusions. Thank you for reading.
Leave a Reply