The Death of Kissinger Marking the Incoming Collapse of the USD

Kissinger

The death of Henry Kissinger, a notable figure in global politics, has become a pivotal moment in a rapidly changing world economy. While many saw his passing as an uneventful occurrence, its significance lies in the profound impact of his actions on the current global economic landscape, particularly in relation to the petrodollar system.

Kissinger, known for his influential role in shaping US foreign policy, was instrumental in establishing the petrodollar system in the 1970s. This arrangement, which involved major oil-exporting countries in the Middle East, particularly Saudi Arabia, agreeing to price their oil in U.S. dollars, solidified the USD’s dominance in global trade. The military might of the United States at the time was a key factor in securing this agreement.

However, recent developments indicate a major shift away from this long-standing economic order. Saudi Arabia, a central player in the petrodollar system, has announced plans to back its currency with precious metals, indicating a move away from the USD. This decision echoes broader regional ambitions, as other Middle Eastern countries, inspired by Dubai’s successful economic model, seek to diversify their economies and reduce reliance on the petrodollar.

Dubai’s transformation, spearheaded by leaders like Sheikh Rashid bin Saeed Al Maktoum, serves as a model for these nations. The city-state’s investment in infrastructure, free trade zones, and the utilization of oil revenue for societal advancement present a stark contrast to the petrodollar-dependent economies.

This regional shift has broader implications for global economic dynamics, challenging the dominance of the USD in international trade. It aligns with movements in other countries, such as Russia and members of the BRICS Nations, who are also exploring alternative currency backing options.

Henry Kissinger’s involvement in various geopolitical events, such as the Bangladesh Killings, the Laos Bombing, the Vietnam War, and the overthrow of governments, are cited as examples of his far-reaching influence. Kissinger’s connection to Klaus Schwab, head of the World Economic Forum (WEF), and their shared vision of a New World Order further highlight the complexity of his legacy.

The story concludes with a reflection on the evolving nature of the global financial system. The move towards precious metal-backed currencies, as seen in states like Louisiana, Arkansas, and Mississippi, signifies a potential departure from traditional fiat currencies. This trend, coupled with the ongoing technological and humanitarian advancements, suggests a pivotal moment in global economic history, as the world gradually transitions away from the longstanding financial structures established since the 19th century.

As this transformative period unfolds, the narrative emphasizes the importance of staying informed and aware of the subtle yet significant changes shaping the world’s economic and political landscape.

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