Despite initial appearances of resilience, underlying fragilities in the world economy are a cause for concern. While countries like America and Germany have weathered various economic challenges, signs suggest that the global economic order established after World War II is at risk of collapsing. The erosion of this order leaves the world vulnerable to potential triggers that could lead to chaos, where power determines outcomes and conflict becomes a viable option for major powers.
The current state of affairs raises concerns about the potential for an economic downturn if norms continue to deteriorate. A breakdown in the global economic order could have swift and severe consequences, even if it does not result in outright conflict. It is clear that the stability and predictability of the global economy are now in jeopardy, and future uncertainties pose a threat to continued economic growth and prosperity. To ensure a more stable and sustainable economic future, the world must address these challenges and work towards restoring a sense of order and cooperation.
