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Major predictions by Dr Ankit Shah🎯
@ankitatIIMA 🧵

De-dollarization: 

Dr. Shah predicted that by the end of 2023, the IT sector would see a significant downturn as part of a broader de-dollarization trend affecting global economies. 

Indian Election

He discussed the implications of the 2024 Indian general elections, where BJP managed only 240 seats. He defended BJP's performance and criticized the Hindu electorate for not voting, suggesting there was manipulation in his analysis to align with BJP's narrative

US Elections:

Dr. Shah speculated on whether Donald Trump would win in the upcoming US elections, questioning if the "deep state" could orchestrate regime change in India. This was part of his November 2023 predictions.

Middle East Conflict:

He provided insights on the Israel-Gaza conflict, discussing future scenarios for the Middle East, particularly in light of countries leaning towards neutrality or non-alignment with Western policies

China-India Relations:

Predicted events at the India-China border, with specific references to the Doklam standoff, the removal of Article 370 and 35A in India, and ongoing LAC (Line of Actual Control) issues.

Geopolitical Events:

He foresaw major geopolitical events like the Balakot airstrike, the Ukraine and Taiwan conflicts, and introduced his "Two Buckets Theory" regarding US hegemony in his book on geopolitics.

Economic and Tech Sectors:

Suggested that the tech sector, particularly AI, would face regulatory challenges which could lead to a significant impact on the economy, questioning the long-term sustainability of current trends in AI development.

International Relations:

Predicted that India and Russia would plan a Modi-Putin summit, indicating ongoing strategic alignment despite global tensions.

Xi Jinping's US Visit:

Commented on Xi Jinping's visit to the US, describing it as Xi returning "like a meek kitten," implying a shift or perceived weakness in China's international stance.

🧵A Tribute to Dr. Ankit Shah @ankitatIIMA: The Geopolitics Legend! #Thread 

1/ Dr. Ankit Shah (@ankitatIIMA
) is a name synonymous with razor-sharp geopolitical analysis &amp; uncanny predictions. A Chartered Accountant, Company Secretary, &amp; Ph.D. holder, he’s redefining how we understand global affairs with an India-centric lens.  #Geopolitics

2/ His book, Geopolitics: Decoding Intents, Narratives, Lies &amp; Future (co-authored with K. Siddhartha), is a game-changer. It simplifies complex global dynamics for the masses, exposing hidden agendas &amp; predicting future trends. A must-read!

3/ Dr. Shah’s predictive prowess is legendary. From Doklam, Article 370’s removal, Balakot, LAC standoff, to Russia-Ukraine &amp; de-dollarization, his forecasts have a jaw-dropping ~99% accuracy rate. He’s the oracle of our times!

4/ His Two Buckets Theory challenges US hegemony, decoding global power plays. He also introduced Sanatan Economics, a Bharat-centric model critiquing the flaws of Capitalism &amp; Communism. Family, trust, &amp; duty are at its core.

5/ Dr. Shah envisions Bharat 2047 as a global powerhouse, leveraging India’s soft power &amp; economic clout. His work inspires a new generation to understand India’s muscular foreign policy &amp; its role in the multipolar world.

6/ A prolific speaker, he graces platforms like Citti Media, Jaipur Dialogues, &amp; Sangam Talks, breaking down intricate topics with clarity. His YouTube presence &amp; X posts (@ankitatIIMA
) are goldmines for geopolitics enthusiasts.

7/ Critics praise his work for unraveling “punctured truths &amp; glamourised lies.” Readers call his book an “intellectual odyssey,” demanding rigorous engagement but rewarding with paradigm-shifting insights.

8/ Dr. Shah’s upcoming book on The Bharat Model promises to flesh out Sanatan Economics, offering an alternative to Western economic theories. The world is watching as he reshapes global discourse.

9/ Beyond geopolitics, he’s contributed to academia at IIM Ahmedabad, curriculum design for US universities, &amp; policy recommendations for India’s security &amp; economy. A true polymath!

10/ Join the movement! Follow Dr. Ankit Shah, read his books, &amp; dive into his talks to decode the world like never before. Here’s to a legend shaping Bharat’s global narrative!
📕 Buy his book: https://amzn.in/d/fOgNPkF
YouTube: https://www.youtube.com/@dr_ankit_shah
📧: Drshahvirtual@gmail.com

🧵History Of Dedollarization
Special thanks to @ankitatIIMA

1/ The US dollar has ruled global finance since World War II.
But today, more and more countries are trying to move away from it — a trend called dedollarization.
Let's dive into the history of dedollarization: A thread 

2/ It all began with the Bretton Woods Agreement in 1944.
The US, with the largest gold reserves, pegged the dollar to gold ($35/oz), and other currencies pegged themselves to the dollar.
The dollar became the world's reserve currency.

3/ But by the late 1960s, cracks appeared.
The US was printing dollars to fund wars (Vietnam) and welfare, but gold reserves couldn’t keep up.
Countries like France started demanding gold instead of dollars.

4/ 1971: The first major 'dedollarization' shock.
Nixon ended the dollar’s convertibility into gold — the Nixon Shock.
The dollar became a fiat currency.
Confidence in the dollar dropped — some countries started seeking alternatives.

5/ 1970s-80s: Oil saved the dollar.
The US struck deals with Saudi Arabia:

Sell oil only in dollars

Recycle the dollars into US assets (Treasuries)
Thus, the petrodollar system was born, reinforcing dollar dominance.

6/ 1990s: The unipolar moment.
After the Soviet Union collapsed, the dollar reigned supreme.
Even former communist states began trading and saving in dollars.
Dedollarization efforts were minimal — the dollar looked untouchable.

7/ 2000s: First signs of serious dedollarization.

Russia and China began building gold reserves.

Euro emerged as a rival currency.

Iraq tried to sell oil in euros — and faced US invasion soon after. (Coincidence?)

8/ 2010s: Acceleration.

US sanctions weaponized the dollar — cutting countries off from SWIFT payments.

Russia, Iran, Venezuela, and others started trading in other currencies.

China launched the Petroyuan (oil trading in yuan).

9/ 2020s: A multipolar currency world is emerging.

BRICS countries discuss creating a new currency.

Bilateral trade deals in yuan, rubles, rupees.

Central banks worldwide diversify reserves — more gold, more euros/yuan.

10/ But dedollarization is slow.

Over 50% of global trade is still invoiced in dollars.

The US has the deepest, most liquid markets.

Trust in US institutions (despite everything) remains high.

11/ In short:

Dedollarization is real.

But it's a slow erosion, not a sudden collapse.

The dollar’s biggest threats are internal (debt, deficits, political instability).