Bitcoin & Geopolitics - Week 21

The world changes by force. Two blocks clash and Ukraine is only the tip of the iceberg.

Ukraine invited to the G7

The G7 countries met last week in Hiroshima. Quite a symbol when you know that Vladimir Putin does not hesitate to point out that he has the biggest red button.

The very first statement of communicated of the seven (USA, France, UK, Germany, Italy, Japan, Canada) promises to support Ukraine “as long as necessary in the face of Russia’s unlawful war of aggression”.

Volodymyr Zelensky was also the surprise guest. But let us note that the Ukrainian president refused to meet the Brazilian president Lula, he who however has the ear of the Sino-Russian tango.

This rebuff reminds us that the BRICS (Brazil, Russia, India, China, South Africa) remain on good terms with Moscow. As well as the petromonarchies of the gulf. And more particularly Saudi Arabia, which hosted the Arab League summit alongside the G7.

The Ukrainian president also made a stopover there to plead his case, without however having many emulators. Syrian President Bashar al-Assad was even quite upset, he who was celebrating his comeback after eleven years of absence. The Damascus Lion said:

“We have the opportunity to benefit from the emergence of a multipolar system in response to the domination of a West devoid of ethics, principles and friends. This summit is a historic opportunity to solve the problems of our region without foreign interference. This requires that we review our international posture and take an active part in the emerging new world order. »

“Syrian President Assad said the Arab League summit in Jeddah was a “historic opportunity” to deal with the crises in the region.
This is the first time Mr Assad has addressed the Arab League since Syria was suspended from it in 2011″

Syria’s return to the Arab League stems directly from the reconciliation between Saudi Arabia and Iran. This is a strong sign that says a lot about the evolution of the global geopolitical landscape.

Especially when you know that the war in Syria was sponsored by the United States, Qatar and Israel in order to weaken Iran.

Syria, a matter of pipelines

The emir of Qatar did not attend the speech of the Syrian president. Sheikh Tamim bin Hamad Al Thani preferred quit the top. There is no longer any doubt as to who he was the great patron of ISIS…

And this with the blessing of Uncle Sam who jumped at the chance to protect the petrodollar. The explanation lies in the fact that through Syria, Washington was actually seeking to counter Iran, which refuses to sell its gas and oil in dollars.

It was easier to destabilize Syria than Iran to achieve the same result: prevent the construction of a gas pipeline that would have allowed Iran to sell its gas to Europe. Dubbed the “Friendship Pipeline,” this project was 5,600 km long and 142 centimeters wide.

Unfortunately, Iran and Qatar share the same gas field. The South Pars straddles their maritime border. It was therefore out of the question that the Iranian pipeline would be built instead of his.

‘Left behind’: An Iranian publication forcefully portrays the dichotomy between Iran and Qatar in the development and monetization of the giant gas field they share: known as South Pars in Iran and North Field in Qatar. »

Never mind, China has planned to invest hundreds of billions to develop the Persian petrochemical industry. Beijing intends to take advantage of the gas that the old continent did not want and that it now buys much more expensively from the Americans.

The Middle Kingdom in the crosshairs

The most important information from the G7 was delivered by Rishi Sunak. The British Prime Minister has dropped that China represents the “greatest threat of our time to global security and prosperity”.

This belligerent tone contrasts with that of Emmanuel Macron who had nevertheless calmed down following his meeting with Xi Jinping in April.

China was also very high on the agenda of the Bilderberg which was taking place at the same time in Portugal. This club brings together every year all the western gratin of politics, finance, media, armies, large multinationals and secret services.

As a reminder, the objective of the first meetings of Bilderberg (created in 1954) was to organize in the face of the red peril. Things haven’t changed much…

Let’s not forget that the creation of the petrodollar was discussed there as early as 1973, under the leadership of Henry Kissinger who was, as always, present at Bilderberg. We bet that the architect of the petrodollar did not plead for an appeasement of international relations. On the contrary.

China’s main objective is to “rearrange the world order”said Elizabeth Economy, who was attending her second Bilderberg as Joe Biden’s senior adviser on China.

E. Economy warned against “a China-centric order with its own norms and values “. Bilderberg, which has helped preserve the Western world order for nearly seven decades, probably took notice.

“The cover of the latest The Nation magazine commemorates Kissinger’s 100th birthday. The birthday cake represents several of his “feats” – Vietnam, Laos, Cambodia, Chile, Iran, etc. Of course, with bloody syrup. »

The Flea War

China is regaining its technological backwardness. And that scares Bilderberg board member and former Google boss Eric Schmidt. For him, AI “is at the heart” competition between China and the United States. And who says AI, says semiconductor.

Two dates in the year 2022 will long echo in geopolitical history. Russia’s invasion of Ukraine on February 24. But also on October 7, when the US government decided to wean the Chinese industry off the latest generation semiconductors.

This date marked the beginning of a new era in Sino-American relations and, therefore, in international politics.

“We are at an inflection point”had declared US Secretary of State Antony Blinken ten days later. “The post-Cold War world has come to an end and intense competition is underway to shape the future. Technology is at the heart of this competition.”

What incites China to invade Taiwan? Indeed, this is where TSMC is located, by far the world’s largest manufacturer of next-generation semiconductors. This is what the United States dreams of: causing a world war and defaulting on its debt. As they did with Russia.

Speaking of which, the US debt ceiling circus continues. Whatever happens, be certain of one thing: the Fed will lower rates and bring out its printing press. And sooner than you think.

The hyperinflationary Great Reset is getting closer every day and it is hard to imagine how Bitcoin could not do well in this explosive geopolitical context. Do not miss our article: Why so much debt?

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