The West Is Hastening Its Own Decline
The West’s strategic overreach vis-à-vis Russia is not only alienating much of the rest of the world, but also providing a windfall for its real rival, China. Unless it changes course, the West is likely to lose its global supremacy, including its hold on the international financial architecture.
MUNICH – Since Russia launched its full-scale invasion of Ukraine more than two years ago, the West has desperately sought ways to punish Russia without harming itself in the process. It has mostly failed.