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Deglobalisation and Maritime Shipping
The globe faces many threats to the global international trading system called globalisation, which has been maintained and created in the modern form by the United States of America from 1945 until the present day.
The Americans and the military of the USA maintained the international trading system by protecting global waterways and international trading networks, which enabled nations such as China to become great powers and possibly the hegemony of the Far East.
Unfortunately for the Chinese, the Russians, and everybody else, humanity’s global prosperity has only been possible with globalisation and the USA’s powerful global Navy.
Still, now globalisation is being threatened by the forces of deglobalisation.
These are international terrorists such as the Houthis targeting international shipping in the Red Sea, the impact of natural disasters such as the drought disrupting international shipping in the Pamina Canal, which transits 5% of international shipping each year.
Finally, we have great powers such as the Russian Federation, Communist mainland China, Iran and other powers of various degrees of strength wishing to build their international economic system that the United States of America does not influence.
Unfortunately for them all, the United States and its protection of international maritime shipping enabled China to prosper, and no other power had the economic strength or the institutional knowledge to…