Updated: Sep 4
We seem to be on the verge of a global system transformation, be it in the field of economy, finance, markets, institutions or international relations. Everyone is asking the same question: “What is going on right now?” To put it simply, as Seinfeld once said: “The whole system is breaking down!” The system’s transformation is shaking the fundamentals of the only remaining geopolitical bloc of the Trans-Atlantic community, still being based on alliances, partnerships, institutions and organisations that have continued existing since the end of the Cold War. As it seems presently, major geopolitical changes are about to happen. Not only will the Trans-Atlantic community seek to preserve its dominance in global affairs but also an emerging China-led bloc, aimed at establishing alternative structures, institutions and alliances, will start challenging its dominance. Therefore, it is of utmost importance to figure out the geopolitical dynamics as well as the systematic character of current developments in order to analyse their long-term impact and to draw correct conclusions for the future.