Despite initial appearances of resilience, the world economy is facing underlying fragilities that are cause for concern. While countries such as 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. If the stability and predictability of the global economy are compromised, it could result in swift and severe consequences, even if it does not lead to outright conflict. The world must address these challenges and work towards restoring a sense of order and cooperation to ensure a more stable and sustainable economic future.
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