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Tuesday, Jul 28, 2026

The End of the Old Order [Podcast]

How the Global Economy Was Built — and How It Is Breaking Apart

Introduction: Where It All Began

To understand what is happening today in the global economy — we need to go back, to the end of World War II.

Until then, the country that controlled the global economy was Britain.
The British pound sterling was the world’s central currency.

But after the war — Britain collapsed.
And control passed to the United States.

At that moment, a new world order was built:

The dollar became the central currency.
But it had one condition — it was tied to gold.

Meaning:
It could not be printed without limit.
It had a real anchor.

And then came 1971.

The United States detached the dollar from gold.

In a single moment — everything changed.

What Actually Changed

From that moment, the dollar stopped being money backed by something real.

And became money that the United States can print —
as much as it wants,
whenever it wants,
with no real limitation,
and with no real transparency.

And this is not a small change.

This is a change in the rules of the game.

Because from that moment —
the money the entire world uses —
is controlled by one country.



How Globalization Was Built

On this foundation, the world we know was built:

Globalization.

The world began to trade, to produce, to import, to export.
Everything connected.

And the result was real:

More growth
Less poverty
Fewer direct wars

But behind all of this was one mechanism:

Everyone works with the dollar.

A country produces → receives dollars
A country buys → pays in dollars

It looks simple.
It looks fair.

But it was never truly balanced.



The Simple Truth

In simple terms:

The world produces goods, commodities, and services — through hard work, through real effort.

And the United States?
Buys all of it using money it prints itself.

Not in exchange for equivalent real value.
Not in exchange for equal production.

But in exchange for a currency with no real anchor behind it —
a currency that can be expanded without limit and without real transparency.

This creates a situation where the United States does not need to produce in order to consume —
it simply prints in order to buy.

This is an almost unlimited purchasing power —
not based on production, but on control of money.



Where It Breaks

As long as everyone played by the rules — it worked.

But then the United States began using the dollar not just as a tool of trade —
but as a weapon.

Economic sanctions.
Disconnection from the global banking system.
Control over SWIFT.

And a real ability to apply pressure on entire countries —
to cut them off from money, from trade, and from the financial system.

In practice, this makes it possible to paralyze an entire economy —
to bring it to collapse —
without direct war,
without tanks,
and without a formal declaration.

Economic pressure instead of open warfare.

And this is the moment when countries began to understand:

The dollar is not just money.
It is a weapon.

And when money becomes economic terror —
dependence on it becomes an existential risk.



And From Here, the Chain Reaction Begins

Not out of anti-American ideology —
but out of real survival interest.

Countries begin to disconnect from exclusive dependence on the dollar.

To trade with each other directly in local currencies.
To sign direct agreements.
To exchange oil, gas, and commodities — without going through the economic dictatorship the United States created.
To build alternative payment systems — based on real value, not on endless money printing with no backing.

Slowly.
And then quickly.

Every such transaction — no matter how small —
removes another brick from the system.

And it accumulates.

Less use of the dollar —
less demand for the dollar.

Less demand —
less purchasing power for the United States.

And then it is forced to live according to what it produces —
not according to what it prints.

And when fewer use it —
its value begins to erode.

Toward almost zero.

This does not happen in one day.
But it is happening — before our eyes.

And at a certain point —
the direction becomes irreversible.



And When That Happens

The equation flips.

The United States can no longer buy everything it wants
using money it prints.

It has to pay.

With real value.
With products.
With services.
With resources.

That it does not have.

Like any other country.


And this is a dangerous moment.

Because when a superpower loses an advantage —
it does not give it up quietly.


At the same time, the world does not stop.

It reorganizes.

Not according to ideology —
but according to interests.


Three blocs begin to take shape:

The Western bloc —
The United States, Israel, and part of Europe.
A system based on finance, control of systems, and old habits.

The Eastern bloc —
China, Russia, Iran, oil states, Brazil, and resource-rich African countries.
A bloc based on raw materials, energy, and real production.

The Asian bloc —
India, Malaysia, Thailand, Indonesia, Singapore, Vietnam.
They do not choose sides.
They play both sides.
They build independent power.


And the world is changing.

Not in theory.
In reality.


The old order was simple:

One currency.
One system.
One center of power.


The new world looks different:

More blocs.
More interests.
Less dependence.
More friction.


And the foundation is shifting:

Less printed money.
More real value.

Less financial control.
More control over resources.


The dollar does not disappear in one day.

But what sustained it —
is no longer stable.


And the struggle is not just about what will replace it —

but about the refusal of the world to continue financing a country
that lives on money it prints without limit,
instead of paying for goods, products, and services
with goods, products, and services.


And this reality stands in complete contradiction to the image of the strongest economy in the world.

Because a country that appears rich thanks to money it can print endlessly —
may be revealed, at the moment of truth,
as a country whose real purchasing power has eroded to near zero.


And this is not a rare historical precedent.

This is what happened to the currencies of empires that once ruled the world —
until their value eroded:

The Turkish lira,
the Spanish peso,
the Greek drachma,
and many others.


The principle is always the same:

A bubble can keep expanding —
until the pressure inside becomes stronger than the shell that contains it,
or until a single small pin —
is enough to let all the air out.


To save itself from the bankruptcy it is heading toward, the United States must choose:

Either stop using the dollar and the SWIFT system as a weapon —
or begin bringing production back into the United States,
and create real value for the dollar —
instead of the fictional value it relies on today.


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