Throughout history, the empires seem to be ever shifting from East to the West! Starting with what we consider the oldest known empires, the Mesopotamian and Egyptian ones, the "world hegemony" was consequently taken over by the Hellenistic Empire, by the Roman Empire, by the Frankish one and - later on - by the Spanish and the English empires! Then, the center of power shifted further westwards and USA became the strongest world empire! And apparently the time has come for the "world hegemony" to shift even further westwards, to China!
Such discussions are often held on the internet. But most of us are treating them as if they concerned some distant future event. Few people realize that this "changing of hegemony" process is happening right now, right in front of our own eyes!
I believe that we Westerners (Europeans + Americans) are somehow out of touch with the current cataclysmic events that are taking place all over the planet! We have been ruling the world for so long that we have become complacent and arrogant. But the current war in Ukraine has dramatically overturned many things that we were taking for granted, till now!
First of all, we are having a distorted perception of reality! Our western media are telling us that the entire planet is hating the Russians, because they invaded Ukraine. The reality is that the two thirds of the world population are pro-Russian (courtesy of the USA interventions and invasions in very many countries, all over the planet). Our western media are telling us that the Russian economy has been hit hard and the Russian Ruble is now worthless. In reality (as you can see in the diagram below) the Russian Ruble is almost stronger now that it used to be before the war in Ukraine!
Actually, what has been hit hard is the economy of Europe! The prices of basic goods have skyrocketed in the previously prosperous Europe and the inflation is rampant! The prices of the basic goods have risen as well in the USA. This is probably the first tangible sign that USA is getting weaker in the world scene! It is still a military super power but its economy leaves much to be desired! In February 2022 USA's national debt topped 30 trillion - for the first time ever in the history of this great country! With such a humongous debt the USA economy is currently on the verge of collapse!
You might argue that USA has been having a huge debt for decades now and apparently has handled it fine, so far! Things have drastically changed though! You see, the US dollar has been the world's reserve currency ever since 1944 - with the "Bretton Woods" agreement. With that agreement the US Dollar acquired a unique international status - and the US economy some amazing privileges! But that era seems to be ending now, as more and more countries are buying and selling goods not anymore with US Dollars but with other currencies (such as the chinese Yuan and the Russian Ruble). The US Dollar is rapidly losing its status as the "word's reserve currency"! That's not good!
You see, the USA financial mechanisms were facing so far the spectre of the huge national debt by issuing more banknotes, by printing that is more dollars! And as long as the US Dollar was the "world's reserve currency" they could get away with it! Till the day that is that the US Dollar would start losing its much privileged international status! And apparently that day has arrived!
One of the first signs of a "debilitated" currency is the so called "domestic inflation". Since the US Dollar is getting weaker, you will need more of it to buy the same things you used to buy in the past at a lower price. You need i.e. more dollars now to fill the gas tank of your car - in comparison to just a few months ago! As the US Dollar and the Euro will be getting weaker the prices in our western countries will keep rising!
But we are apparently oblivious of all this! That's definitely the result of the current Jupiter - Neptune mega - conjunction in Pisces! It is as if we are living in a permanent fog and the only thing we can discern is some shadowy figures and actions taking place all around us! Not to mention that the aforementioned mega-conjunction in Pisces is somehow announcing to us - with fireworks - that the world we used to know is closing now its cycle and is arriving to its end!
Thomas Gazis
Copyright: Thomas D. Gazis
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