Nowadays, global diplomacy is in a precarious position. Throughout history, when the basis of worldwide stability is balanced out, the leaders of the Powers are prone to make mistakes.
Supposing we recollect and look through the consequences after World War II we will find out that the US has taken the lead over the global economic system. Other capitalistic countries were engaged in the American orbit and started growing up their wealth.
In 1971, when the US realized that their trade partners were strengthening their own positions, the government required to carry out the payment though gold and decoupled, thus, a dollar from a gold standard.
As we know when the government currency does not have the basis of the real cost, nothing prevents to launch the printing machines and develop the “wrappers”. The US and its allies of capitalism acted the same remaining at the upturn due to their obligations of the repayment of the foreign debt.
However, everything should be paid, and the global community realizes that the US will inevitably trap in the economic crisis, involving trade partners with them. It is not surprisingly that the leaders lose control and the former allies start to sort things out.
In addition to this problem, former countries of “the Second World” get into the game as they feel the start of the new epoch and raise their heads.
The history shows that such a situation is quite dangerous, the same feelings seized Europe at the beginning of the XX century and led to the war. At that time, on June 28, 1914, in Sarajevo, a Bosnian student shot an Australian archduke, Franz Ferdinand, and caused World War I.
Only one murder needed to make a detonator started. During a month, Austrians put up an ultimatum which was supposed to provoke military actions. Therefore, the first rule of diplomacy – “never corner your opponent where the only variant is to attack.” It always ends badly.
Taking into account the history lessons, global leaders have to pull their efforts to find reasonable ways to resolve the escalation of tension.
Vesna News — official website