It’s Not Putin or Xi
You’d never think it by looking at the mainstream media outlets, but apart from the two very clear and visible alliances between the United States and its allies and China and its gang of temporary partners, in the impossible task of weakening America, a third axis is emerging that’s obsessed with leading the globe.
Its leader is a big enemy of China with many altercations in their shared borders. On top of that, these have already become bloody sites of conflict.
On the world stage, this country is visibly warming up to the United States and is part of its plan to create the Indo-Pacific Economic Framework that renders the Belt and Road Initiative useless.
Which country has the strength to fight against China, broker massive deals with the United States, and still be in a position to create a global structure to offset and lessen the use of the dollar in global trade by pushing its own agenda?
The answer is India.
This incredibly diverse and powerful country is very unique because it has the largest population and is not dependent on globalization like others have become.
In other words, like France and other proud nations, it did not fully buy into the American-led economic miracle of the second half of the 20thcentury.
Even though it has enemies on its borders, some with nuclear capabilities, it also has the capacity to become very important for manufacturing and its own agenda of uniting the poor countries that are of significant demographic sizes.
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It controls the ocean routes that China can’t live without, so that’s big leverage, but it also doesn’t want any friends from the West that will try to turn it into a proxy.
India’s plans are far-reaching because it aspires to do what no other big power has done before: create an allegiance of poor nations that refuse to play ball with the rich ones.
They call this new and uncharted geostrategic phenomenon the “Global South.”
In order to show NATO countries, specifically the United States, that it will help when it is in its own interest and not when it suits Washington, D.C., it is advancing a direct de-dollarization theme.
When and where it can, India is inviting countries (forcing their hand) to use rupees to settle transactions.
If successful, it has the ability to remove hundreds of billions of dollars from circulation.
What India is attempting to do, though, has never been done before.
Many empires are wealthy and stable, not overly populated and poor, but we’ve never seen the world’s most populated nation conspire with other “oppressed” demographics to compete with the wealthy and developed.
So, what does this really mean?
For now, it means very little. It is extremely difficult to get all the actors to play along, but it is yet another sign that the world wants to move away from the dollar and that the United States is leaving its role of policing the waters.
To me, this is further proof that gold is extremely important.
Best Regards,
Lior Gantz
President, WealthResearchGroup.com
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