This epoch we are witnessing is not a simple recalibration of the world order. We are at the end of a unipolar hegemony and its reserve currency status.
Exactly, the west is currently collapsing economically, and it’s mostly deindustrialized. There’s no reason to believe the west will be competitive with BRICS going forward. I think we could be looking at the reverse of what happened in the 90s when USSR collapsed and capitalism became the system dominating the world. This time we’re looking at China becoming the undisputed superpower that will guide us towards communism.
Exactly, the west is currently collapsing economically, and it’s mostly deindustrialized. There’s no reason to believe the west will be competitive with BRICS going forward. I think we could be looking at the reverse of what happened in the 90s when USSR collapsed and capitalism became the system dominating the world. This time we’re looking at China becoming the undisputed superpower that will guide us towards communism.