Could the United States Lose Its Financial Superpower Status as a Result of the Russo-Ukrainian Conflict?

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French historian and anthropologist Emmanuel Todd believes that the Russo-Ukrainian conflict could put the United State’s financial status at risk. In an interview with French media outlet Le Figaro, he cited an analyst offered by University of Chicago Professor John Mearsheimer, who contended that this conflict was “existential” for Russia. On the other hand, for the US, the Russo-Ukrainian conflict is just another geopolitical struggle that it could exploit to its heart content. In reality, this conflict would be of little importance to the US. 

“But this analysis is insufficient. [U.S. President Joe] Biden now has to hurry. America is fragile and the Russian economy’s resistance is pushing the US imperial system towards the abyss. Nobody had expected the Russian economy would be able to withstand the ‘economic power’ of NATO,” Todd stated.

Todd believes that the United States is in a state of long-term decline and now that its power is diminishing on the world stage, the US has opted to cement its hold over its “original protectorates” in Europe and Japan. The US incorporated these regions into its influence network after World War II.

New York by jennieramida is licensed under unsplash.com

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