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#89- Bretton Woods & The Coming Financial Reset
Manage episode 452401300 series 3473524
In 1944, representatives from 44 nations convened at the Mount Washington Hotel in New Hampshire for what would become the historic Bretton Woods Agreement. Their mission? To craft a new global financial system that could stabilize the world economy in the aftermath of World War II. The official narrative celebrates Bretton Woods as a monumental success, yet just two decades later, the system crumbled when President Nixon ended the dollar’s convertibility into gold—shattering its foundation.
Now, as we approach the 80th anniversary of that pivotal moment, whispers of a "Bretton Woods 3.0" are growing louder. Many believe a new reset is on the horizon, driven by unprecedented global debt and shifting economic power dynamics. In this episode, we revisit the original Bretton Woods Conference to uncover the hidden truth behind the official story. Was it really the success history claims, or was it doomed from the start?
In the second half, we explore the rising calls for Bretton Woods 3.0, dissect the motives of its most vocal advocates, and speculate on what a new financial reset might look like. We then ask how close are we to this seismic shift, and what could it mean for the future of money and power?
- Part 2 for Members - www.parallelmike.com
Mike’s Investing Community and Financial Newsletter – www.patreon.com/parallelsystems
Consult with Mike 1-2-1 - www.parallelmike.com/consultation
90 episod
Manage episode 452401300 series 3473524
In 1944, representatives from 44 nations convened at the Mount Washington Hotel in New Hampshire for what would become the historic Bretton Woods Agreement. Their mission? To craft a new global financial system that could stabilize the world economy in the aftermath of World War II. The official narrative celebrates Bretton Woods as a monumental success, yet just two decades later, the system crumbled when President Nixon ended the dollar’s convertibility into gold—shattering its foundation.
Now, as we approach the 80th anniversary of that pivotal moment, whispers of a "Bretton Woods 3.0" are growing louder. Many believe a new reset is on the horizon, driven by unprecedented global debt and shifting economic power dynamics. In this episode, we revisit the original Bretton Woods Conference to uncover the hidden truth behind the official story. Was it really the success history claims, or was it doomed from the start?
In the second half, we explore the rising calls for Bretton Woods 3.0, dissect the motives of its most vocal advocates, and speculate on what a new financial reset might look like. We then ask how close are we to this seismic shift, and what could it mean for the future of money and power?
- Part 2 for Members - www.parallelmike.com
Mike’s Investing Community and Financial Newsletter – www.patreon.com/parallelsystems
Consult with Mike 1-2-1 - www.parallelmike.com/consultation
90 episod
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