The Necessity and Demand for Peace In the Heart of Increasing Tensions

 

The geopolitical environment has changed considerably since the collapse of the Soviet Union, but the world has come a long way since then. The US, once the undisputed leader of the world's superpowers, now finds itself in competition with Iran, India, China, and other developing nations for global dominance. We must take into account the possible repercussions of this change in power dynamics as the US dollar's status as the world's reserve currency is called into question more frequently.

The US has been able to maintain a sizable influence over the world economy because the US dollar is the primary reserve currency. The US has been able to export inflation globally and pay off its debt with paper money thanks to its ability to print USD, which are essentially debt receipts. This advantage is now under attack, though, as countries like China and Russia try to alter the rules of the game.

Growing tensions with the US, particularly in relation to Taiwan, have been caused by China's ascendance as a global economic powerhouse. Even though we have not yet fully experienced its effects, this struggle for supremacy could already be the beginning of World War 3. Global leaders must put peace, food, education, and people's welfare ahead of conflict and weapons as tensions rise.

To avoid the disasters that have befallen earlier civilizations, we must learn from history's lessons. To create a more peaceful and prosperous world for all people, it is the duty of all nations to collaborate while fostering understanding and cooperation. A person's life or the future of the planet should never be sacrificed in the name of gaining power.

It is more crucial than ever for world leaders to band together and cooperate in order to achieve a peaceful, stable, and just world in this time of uncertainty and change. We can build a better future for future generations by concentrating on the needs of our people rather than engaging in a destructive arms race. 

 

 

Author: Pooyan Ghamari, Swiss Economist 

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