War and Dollars
Between new wars, the return of nuclear brinkmanship, and threats to the US dollar, there is good reason to worry about the future of global peace and security. The international community urgently needs to establish new guidelines for managing financial diplomacy in an age of conflict.
https://prosyn.org/AJOz3wL
BERLIN – We are inching ever closer to the first global conflict of the post-Cold War era. Two certainties that kept the Cold War world stable (albeit still dangerous) no longer hold: the nuclear balance of terror (“mutual assured destruction”) and the dominance of the US dollar, widely seen as a financial nuclear weapon.