Nikolay Nikov to FACTI: The US will end the war in Ukraine, but entirely in favor of Russia

The war in Ukraine has caused a lot of comments against the backdrop of the Munich Security Conference held in Germany. What will happen in Europe, in the US, in Russia, in Ukraine… Will there be a redistribution of the zones of influence of the great powers… Are new currencies being set… Economist and international analyst Nikolay Nikov spoke to FACTI.

- Mr. Nikov, the Munich Security Conference raised many new and quite sensitive questions on a global scale. The speech of US Vice President J.D. Vance caused a sharp controversy. USA, Russia, China, Ukraine… Where is the world going?
- Drastic changes are occurring and so quickly that there will be no one to explain the benefits and harms of them for people. The entire model of social order will change, the world economy will be completely transformed, and leftist policies will reach an unprecedented peak.

- Leftist policies? Why…
- The US, in particular the US administration, will do everything possible to end the war in Ukraine, but this will be entirely in favor of Russia.

The biggest threat to the Western world from Russia is the introduction of a gold standard for their currency.

This economy, being basic, relying on its own raw materials and production, has given a very frightening signal to the world, namely that it can function well even in the presence of sanctions. The same may happen in China and India. If they introduce the gold standard and their money is backed by the available gold reserves, these currencies will become one of the safest havens for investors from all over the world.

- You sound quite utopian…
- Let's see if that's true. All this is happening in the conditions of over-indebtedness of the entire Western world, and this, in turn, means one thing - an immediate reaction is needed, stopping the war and resuming good relations with these countries. America needs time to make its monetary “focus“ in the best possible way.

- What are you talking about…
- There is only one way. Complete devaluation of the dollar, hyperinflation, clearing all debts and restarting by introducing a new exchange unit. I expect that these will be cryptocurrencies in America with a transparent algorithm, which in this case will already have a reference link to the country's gold reserves.
Europe will not be able to react quickly and adequately due to its sluggish administration and numerous ideological restrictions. At some point, the existing political elite will be swept away and replaced by a government with a strong leftist orientation. There is a huge vacuum for this at the moment, including in Bulgaria. The monetary restart will also hit Europe. In the new conditions, public pressure for political correctness will be greater than ever.
There are very powerful processes in society for awareness and intolerance of demagogy.

Currently, the development of technologies has led to people being “over“ informed.

Contrary to many statements, new generations are increasingly smarter and more capable, including in Bulgaria. Our children are much more knowledgeable than we were at their age. At the same time, except in the field of technology, the world has not made many achievements in recent years. There will be a frantic drive to catch up in every sphere of social organization, business and economy. After the change, the trends for increasingly closed and independent economies will intensify. With the imposition of left-wing policies in Europe, society's demands for achieving ever greater national causes will begin to appear. A complete reformatting of the world is coming and it will probably be for the better.
-----------------
Nikolai Nikov. He was born in 1977. He studied “International Business“ at the London branch of the American International University in Richmond (American International University) and “Insurance and Risk Management“ at City University Business School in London. He also holds a PhD in Economics and Management from the South-West University of Blagoevgrad.
After a dynamic career in the City of London, he returned to Bulgaria and until 2012 developed a career in finance. He was also the Chief Coordinator in the “Management of Multinational Insurance Programs“ department at AIG, Europe (Great Britain), London. He currently develops theories and teaches in the field of economic and business sciences.