We know what’s coming and we are prepared.
IE: US faith in the stability of the dollar will be tested
Rumours of the death of the dollar are exaggerated, but only for now, writes the author of the article for The New Indian Express. The problems with the American currency are increasing, and the cause of this is Washington itself. Ultimately, the US will overplay their hand and lose their political prestige.
At the moment, there is no doubt in the US about the stability of the dollar as a reserve currency. However, considering the country's economic, political, and social problems, this faith will be put to the test.
To paraphrase Mark Twain's famous joke, rumours of the death of the dollar are exaggerated, although its health problems are increasing.
The problems with the dollar are mainly caused by Americans themselves. The unrestrained fiscal and monetary policies of the US - with a budget deficit and government debt at 7% and over 100% of GDP respectively - have reduced the dollar's long-term purchasing power. Since 1972, it has fallen by 99% against gold and lost 90% of its purchasing power in the market for real goods and services.
American politicians have always sought to use the dollar as a weapon to achieve their own goals, thereby compensating for economic weaknesses, such as lack of competitiveness. The US has sought to exclude foreign entities from international payment systems, such as SWIFT.
Washington imposes secondary sanctions to punish individuals and organisations that are not even under US jurisdiction. If a Russian company is under sanctions, anyone doing business with it may be subject to legal action, even if they comply with their own country's laws. This is done through a questionable system of dollar transactions that only pass through the US banking system. International banks and others have already faced legal action for operations that are legal in their own country. The threats are sufficient to disrupt dealings with organisations under US sanctions.
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Between 2007 and 2012, scientists carried out extensive ice drilling in Greenland, aiming to uncover Earth's climate history from the last 125,000 years.
Their findings put today's climate alarmism into perspective.
"Back then, Greenland was around 8°C warmer than today. Sea levels were 4-8m higher."
"Yet the planet didn't collapse and Greenland didn't melt. There were no tipping points and no mass extinctions."
"The planet was far warmer and life flourished."
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Roughly 21 million barrels per day of oil and petroleum products normally transit the Strait of Hormuz . That volume accounts for one fifth of global petroleum liquids consumption and one quarter of all seaborne traded oil.
Yet the destinations of those flows expose the asymmetry that ultimately doomed the strategy.
In the first half of 2025 ~89% percent of crude oil and condensate flowed eastward to Asian markets.
China absorbed 37.7 percent of the total followed by India at 14.7 percent South Korea at 12 percent Japan at 10.9 percent and other Asian buyers at 13.9 percent.
Europe received just 3.8 percent and the United States only 2.5 percent. The IRGC was never holding the West hostage. It holds the East.
By throttling traffic during the conflict the regime exercised its only economic "card". Ship transits collapsed to under ten percent of normal levels even after the ceasefire. Insurance rates soared and oil prices spiked.
The move they thought would delivered short term tactical breathing room and ...
when Trump was talking about regime change... he really meant his own 💀
📌 every removed or "resigned" senior official since the start of this week for the U.S.
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