Shifting Power in the World - Current Thoughts
1. TRADING ROUTS & RESOURCES: World is moving towards multipolar power based on resources. Russia 🇷🇺 wages war to get unhindered access to the Black Sea. United States 🇺🇸 wanting Greenland for resources and even better protection for trading routs. China 🇨🇳 has been working on trading routes with the Belt and Road Initiative.
2. FINANCIAL SYSTEM: US💰dollar reserve asset status change. Read Broken Money by Lyn Alden where she presents how Bretton Woods I (1944) died in 1971 when Nixon took the dollar off the gold standard but the Petrodollar was born as all oil began to be traded in dollar, due to deal with Saudi Arabia. Then Bretton Woods 2 (Petrodollar) ended when Russia’s foreign reserves in dollars 💸 were confiscated ending the dollar reserve status. Now we are in Bretton Woods 3 probably meaning resource based trade on as many currencies as would be accepted by the seller. (Even Saudi Arabia is selling oil in other currencies, look at BRICS+)
3. When you think of it Bitcoin would fit this world perfectly as it would be the best way to prove Sovereign State Reserve Assets.
What does this mean for you and me? Complicated, let’s try and guess:
American 🇺🇸: you’ll be fine. You have resources, technology and the best financial markets to make it all move in your favor. America will control lower earth orbit, that is the ultimate geopolitical tool.
Russian 🇷🇺: difficult, recover from the war due to demographic decline, selling your resources cheaper to a shorter list of countries due to sanctions with long trade routes.
China 🇨🇳: I am not sufficiently educated to guess this one.
European 🇪🇺: If by some miracle they get their head right we should see an EU Army, resources from the Eastern States going to fuel production and technology hubs in the west. Overall production in high margin high technology products.
