The world in more chaos
Two years ago, alarmist analysts like me warned that the world was changing so fundamentally and so quickly that it felt like a prewar situation. I tried to reassure my reading and listening audiences that the situation was not really prewar because there were nuclear weapons inspiring mystic awe, which would prevent large countries from trying to stop or correct the changes with a big war.
16/09/2011
The world in more chaos
KARAGANOV, Sergei
There are more and more signs that the financial system has gone out of control. The old West is entering a long-term economic crisis, which will almost certainly involve the rest of the world as well. Formerly, everyone was afraid of trade wars, but, considering the U.S. inability to solve its financial problems in the medium term, the world may soon see financial wars.
The world in more chaos
KARAGANOV, Sergei
There are more and more signs that the financial system has gone out of control. The old West is entering a long-term economic crisis, which will almost certainly involve the rest of the world as well. Formerly, everyone was afraid of trade wars, but, considering the U.S. inability to solve its financial problems in the medium term, the world may soon see financial wars.
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