Dollar militarisation kills free trade

ECD1 / TCO1

The Russian invasion of Ukraine is accelerating the fragmentation of the world economy that began with the economic crisis of 2008. Western countries are proposing the formation of an “economic NATO” and the relocation of the activities of their industrial groups to friendly countries. China is seen as the most important rival, both an economic and political adversary.

The 2008 crisis brought the world market closer to international politics and the erection of protectionist barriers by developed countries under the pretext of “national security”. Since February last year, war has become the norm in international economic relations. The world has moved from trade wars to all-out war. Today, wars mobilise both military means and economic instruments.

The dollar has militarised and fragmented the world economy. The United States is proposing to the European Union to extend the military alliance between the two sides of the Atlantic to other areas and…

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