The Start Of A New World Order

End of Globalization and Failure of the Post-WWII World Order00:00

What has been predicted for a while is coming true: the end of globalization. >> Globalization has failed the West and the United States of America. << The world has changed, and progress in partnerships sets up for the new world order.

After World War II, the world structured the new world order as follows:

• China: factory of the world.
• Japan: lender, keeping rates at zero for liquidity.
• Europe: buyer and consumer, trading productivity and military for stability and social welfare.
• United States: enforcer via petrodollar as world's reserve currency, backed by the military-industrial complex.

Simon Dixon coined this the proof of weapons network: countries must use dollars to buy energy and not mess with US interests to trade or build economies. Petrodollar ensures global dollar demand for energy; military enforces; financial institutions and central banks manage money flow. Play by rules: access investment markets and protection. Break rules: sanctions or war.

Americans benefited indirectly if rich or investors via US company profits. Downside: requires forever war, bad for world. For poor Americans: jobs left via supply chains and factories, concentrating wealth, hollowing middle class, creating fragile dependency. America stopped making stuff, only made money and technology. System still works technically on paper but ending.

Nations teamed up to make their own system, now too powerful for proof of weapons network to enforce without World War III. At recent World Economic Forum in Switzerland (Davos): controllers of power said game over. >> Globalization has failed the West and the United States of America. It's a failed policy... export offshore farshore find the cheapest labor... left America and workers behind. <<