World Economy: Backup Plan and Economies Currencies

world economy: This could also create failed states, according to Global Times China. The world economy is under stress from the US administration. This war is economic and asymmetric, and it risks leading to a total collapse of some economies and currencies. The conflict is not about putting boots on the ground, but rather using international economic power and laws that were put in place by the US a century ago to reshape the world. To make it sound acceptable and less confrontational we use the words like disputes or national security or unfair trade. Of course, there is also the threat of military confrontation as a backup plan. (news.financializer.com). As reported in the news.