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Showing posts from March 15, 2026

The Potential Transformation of an Empire

  The Potential Transformation of an Empire The current global political and economic situation shows that some countries are trying to reduce their dependence on the dollar in the international economy.For example, Russia began trading in rubles during the Ukraine war, as foreign exchange reserves were limited or blocked. Similarly, Iran plans to trade with China in local currencies.These processes are being called de-dollarization.This trend indicates that the use of multiple currencies in the global economy is increasing.This may also lead to changes in the scope of international transactions and the balance of power. Impact of Strategic and Economic Decisions History shows that major powers often face various challenges when making strategic and economic decisions.For example, some wars and foreign policy actions in the past have led major countries to deal with economic and strategic consequences in the long term. These examples indicate that overconfidence or direct intervent...