Global Economic Order on Brink of Collapse: The Urgent Need for Restoration and Cooperation

The global economic order established after World War II is at risk of collapsing, leaving the world vulnerable to potential triggers that could lead to chaos. Despite initial appearances of resilience in the world economy, underlying fragilities are cause for concern. Countries like America and Germany have weathered various economic challenges, but signs suggest that the stability and predictability of the global economy are now in jeopardy.

If norms continue to deteriorate, an economic downturn could occur, with swift and severe consequences even if it does not result in outright conflict. The erosion of the global economic order leaves the world susceptible to power struggles and conflict between major powers. It is clear that addressing these challenges and working towards restoring a sense of order and cooperation is essential for a more stable and sustainable economic future.