Trump postpones G7 summit but says he'll invite India, Australia, Russia, South Korea
https://justthenews.com/world/trump-inviting-india-australia-russia-south-korea-join-g7
Prior to Potus the geopolitical landscape was unidirectional. China's growth was fast, consistent and at the expense of many industrialised nations economies. Trade deals like NAFTA and Global Orgs like the UN, IMF, WB facilitated the expansion of China and the contraction of manufacturing in Western economies.
Separating countries from raw materials and means of production is how Globalism gained tremendous strength and defined a New World Order. A great example of Globalists weakening countries economically, industrially and ultimately militarily, while leveraging Globalists political power is evidenced in the Oil industry.
At a time not too long ago a oil embargo which halted imports into the US could have harmed us quickly. Potus addressed this early in his Administration due to the National Security Concerns the situation presented. Being a net oil exporter in just a few years after being dependent on imports for decades prior has changed the game. The oil industry is just one example, but is a template for how Globalists gain strength to further leverage our Country and gain undue influence. We are at their mercy to a degree in every economic and manufacturing activity where we do not control the entire supply chain. As we can see with rare earth metals (their new Oil type chokehold) the Global Powers always try to control a key asset and use it for their utter advantage.
As part of MAGA the focus is on ending foreign reliance on assets and making everything domestically, and eliminating choke points of key materials. Not only does it secure us from a National Security angle, it will prop us up economically and ths financially, and it will be up to our poltical leaders to translate that into a quality of life benefit for all Americans.
We are seeing the world change from a previously unchallenged Global Plan of making China the hub of the world to a multi polar situation whereby Potus is challenging the NWO via Nationalism. He is creating a 'bloc' to directly challenge the status quo.
Not alot of people understand, because it is not discussed in the msm, and rarely in the financial world, the role of the world settlement currencies or 'reserve' currency. America has prospered despite running economic deficits since WW2 because we are the worlds reserve currency. Nations must buy US Dollars to essentially buy any Globally traded assets, and many foreign loans around the world are denominated in US Dollars.
Reserve currencies hosted by a Nation State generally last no longer than 75 years, at which time a collapse occurs to justify the granting of the reserve currency power to a new nation. This occurred after WW2 when the British Pound was replaced by the US Dollar. China, and perhaps a basket of currencies or commodities were soon being planned to replace the US Dollar and we are countering those Plans, that is the true Big Picture of Geopolitical events.
Removing the US Dollar from its current status could destroy our nation when coupled with dependence on foreign assets and manufacturing. Globalists and other nations could force us to denominate trades and loans in non US Dollars (other currencies) which we could not simply print domestically as we do now. The effect of asset inflation could lead to tremendous deflation (devaluation) of the US Dollar as well as manipulation by Global Bankers who would control us financially.
Thats the true game going on and the impetus for our domestic and foreign policy. As Warren Buffett opined, 'America will never have the same financial problems as other nations because our debts are denominated in US Dollars and we can print them with no limit. The collapses occur when Nations debts are denominated in currencies other than their own'.