Transactional Weakness Tips the Balance of Power -- “Hold to no illusions; There is nothing beyond this reality”

A US economic ‘re-balancing’ is coming. Putin is right. The post-WWII economic order “is gone” -- Alastair Crooke, 27 March 2025

The post-WWII geo-political outcome effectively determined the post-war global economic structure. Both are now undergoing huge change. What remains stuck fast however, is the general (Western) weltanschauung that everything must ‘change’ only for it to stay the same. Things financial will continue as before; do not disturb the slumber. The assumption is that the oligarch/donor class will see to it that things remain the same.

However, the power distribution of the post-war era was unique. There is nothing ‘forever’ about it; nothing inherently permanent.

At a recent conference of Russian industrialists and entrepreneurs, President Putin highlighted both the global fracture, and set out an alternate vision which is likely to be adopted by BRICS and many beyond. His address was, metaphorically speaking, the financial counterpart to his 2007 Munich Security Forum speech, at which he accepted the military défie posed by ‘collective NATO’.

Putin is now hinting that Russia has accepted the challenge posed by the post-war financial order. Russia has persevered against the financial war, and is prevailing in that too.