/politics/the-emergence-of-the-new-world-order-and-the-decline-of-the-us/ Fact-based, well-reasoned perspectives from around the world Fri, 02 Jan 2026 17:43:23 +0000 hourly 1 https://wordpress.org/?v=6.9.4 /politics/the-emergence-of-the-new-world-order-and-the-decline-of-the-us/#comment-40695 Fri, 02 Jan 2026 17:43:23 +0000 /?p=159980#comment-40695 It’s interesting to read about a “a rules-based, transparent order.” That would seem to imply that the former rules-based order that Western leaders have consistently complained is under threat was opaque. In fact it was also transparent, i.e. transparently biased in favor of an extractivist economy built around the dominance of the dollar. What remained opaque was the intentions, which were far less about promoting democracy and all about setting and enforcing rules imposed by the IMF. Let’s hope that as the rulebook is being rewritten it will actually favor the economic autonomy of the world’s nations.

]]> /politics/the-emergence-of-the-new-world-order-and-the-decline-of-the-us/#comment-40694 Fri, 02 Jan 2026 16:47:29 +0000 /?p=159980#comment-40694 I am not sure that Russia or India have the economic heft to lead a new world order. Russia is a mlitary and energy power but is not terribly important otherwise to global demand or supply. India is still third world and needs major economic reforms to live up to its potential.

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