Alexander Macris on the Health Ranger Report: The petrodollar’s imminent collapse and the path to WWIII

• The petrodollar system established in the 1970s underpins global trade by requiring oil transactions in U.S. dollars. However, its reliance on U.S. military power to enforce its rules is becoming unsustainable, especially as China and Russia challenge U.S. dominance in Eurasia and weaken the U.S. Navy’s ability to project power.
• The petrodollar system is eroding as countries like Russia, China and even OPEC nations increasingly bypass the dollar in trade. This shift threatens the U.S. economy, which has long relied on the petrodollar to export inflation and maintain low domestic prices.
• The collapse of the petrodollar could lead to either debt deflation or hyperinflation, both of which would have severe economic consequences. The U.S. government’s inability to address these challenges due to political constraints exacerbates the crisis.
• The collapse of the petrodollar could escalate into World War III, with potential flashpoints including U.S.-Iran tensions or a Chinese attack on Taiwan. Russia is expected to continue its focus on Ukraine without further escalation.
• Individuals are advised to prepare for economic hardship and potential conflict by relocating to safer areas, building self-sufficiency and diversifying investments. The collapse of the petrodollar represents not only an economic shift but also a philosophical and spiritual crisis, requiring a reevaluation of current systems and beliefs.

In a world increasingly defined by economic instability, geopolitical tensions and the unraveling of long-standing global systems, the collapse of the petrodollar looms as a pivotal event that could reshape the international order. The Health Ranger Mike Adams sat down with author Alexander Macris to discuss the precarious state of the global economy and the potential for catastrophic conflict.

The petrodollar system, established in the 1970s, has been the backbone of global trade for decades. Under this system, oil transactions are conducted primarily in U.S. dollars, ensuring global demand for the currency and allowing the U.S. to export inflation while maintaining economic dominance.

But Macris – author of “Running On Empty: How the Imminent Collapse of the Petrodollar System Sets the Stage for World War III” – explained that this system is inherently fragile and dependent on U.S. military power to enforce its rules. “The petrodollar is an artificial sustainment of the cycle,” he told Adams. Macris also pointed out out that it is an attempt to avoid the natural decline of the U.S. dollar as the world’s reserve currency.

This reliance on military power is becoming increasingly untenable. Macris highlighted the concept of the “World Island” versus the “World Ocean,” a geostrategic framework where the U.S. dominates the oceans while Russia and China consolidate power over Eurasia. As China invests in anti-ship weaponry and area-denial strategies, the U.S. Navy’s ability to project power is waning.

“Once we lose control of the oceans, we will no longer have the military might to enforce the petrodollar,” Macris warned.

The end of an era and the road to collapse

The signs of the petrodollar’s decline are already evident. Countries like Russia and China are increasingly settling trade in their own currencies, bypassing the dollar altogether. (Related: U.S.-dominated global financial system facing collapse as China begins buying Russian coal and oil in yuan, not petrodollars.)

Turkey, a NATO member, has expressed interest in joining the BRICS alliance, further eroding the dollar’s dominance. Even OPEC nations, once staunch allies of the petrodollar system, are now trading oil in alternative currencies.

“The petrodollar is, at this point, over,” Macris asserted. The only reason people don’t acknowledge it is because the definition has shifted when it comes to buying oil with dollars.

This shift has profound implications for the U.S. economy. For decades, the petrodollar allowed the U.S. to offshore inflation, keeping domestic prices low while asset values soared.

But as the system unravels, inflation is returning with a vengeance. Macris points to the rising costs of housing, food and insurance as evidence that the virtuous cycle of the petrodollar is breaking down. The collapse of the petrodollar could trigger one of two outcomes: debt deflation or hyperinflation.

Debt bombs and literal bombs will explode

“If we default, we get a debt deflationary depression,” Macris explained. “If we print money to avoid default, we get hyperinflation. Either way, it’s very bad.”

The U.S. government’s response to these challenges has been woefully inadequate. Both major political parties, Macris argued, are trapped within an Overton window that prevents them from considering the radical reforms needed to address the crisis.

“The entire tax revenue of the U.S. government is spent on mandatory spending, with $900 billion going to debt payments,” the author and business executive said while. There is no way to accomplish it without radically restructuring the government.

Macris’ book warns that the collapse of the petrodollar could set the stage for World War III. He identifies two potential flashpoints –  a U.S. escalation against Iran or a Chinese attack on Taiwan. Russia, he believes, will continue to pursue its objectives in Ukraine but is unlikely to escalate further.

As the petrodollar collapses and global tensions rise, Macris advises individuals to prepare for a future of economic hardship and potential conflict. He recommended that people who are living in a major blue city should take advantage of the price of real estate and move to a red state or the countryside. People should get everything they need to be self-sufficient as possible because the global supply chains that make modern life possible are going to break down.

For Macris, the collapse of the petrodollar is not just an economic event but a philosophical and spiritual crisis. For those willing to confront the reality of the situation, the time to prepare is now. Whether through diversifying investments, relocating to safer areas, or building self-sufficiency, the choices people make today will determine their ability to navigate the turbulent times ahead.

Watch the full interview between Alexander Macris and the Health Ranger Mike Adams below.

This video is from the Health Ranger Report channel on Brighteon.com.

More related stories:

BYE-BYE PETRODOLLAR: 159 Countries now slated to adopt new BRICS payment system.

Shift away from U.S. ‘petrodollar’ and towards gold-backed currencies in the Global South continues.

World War III is heating up on several fronts, but most Americans have no idea.

Sources include:

Brighteon.com

Amazon.com