Tracking and documenting the history and the rise of the Multipolar World. A Brave New World begins. #brics #multipolar #india #russia
Feb 11, 2023 • 8 tweets • 3 min read
While many are sharing the great news about India's #LithiumInIndia discovery, a very important element has been overlooked.
In this short thread I discuss what this means for India in terms of #Dedollarization, how this will affect Indian currency & also the upcoming politics.
Firstly ranked below are the details of top 5 countries #Lithium reserves 2023 in Million metric tons 1. Chile - 9.3 2. India - 5.9 (just discovered) 3. Australia - 3.8 4. Argentina - 2.7 5. China - 2
With De-dollarisation, the currency will reflect the value of our resources
PART - 1 of a multi-part series on the rise of the US💲, US Hegemony and the current transition from a Unipolar to a Multipolar World.
US currency was pegged to gold until 1933 as per the Bretton Woods system agreed upon by 44 countries.
On April 5, 1933 a draconian announcement came in newspapers in US proclaiming the Executive Order 6102. It stated that anyone living in US, citizen/foreigner was required to turn in all gold bullion, gold coins and gold certificates to the US govt before May 1, 1933. The same a