"German Chancellor Friedrich Merz said, 'The world order as it has stood for decades no longer exists', and that we are in a period of 'great power politics.'"
"He made clear that freedom 'is no longer a given' in this new era. French President Emmanuel Macron echoed Merz’s assessment and said that Europe’s old security structures tied to the previous world order don't exist and that Europe must prepare for war."
"U.S. Secretary of State Marco Rubio said that we are in a 'new geopolitics era' because the 'old world' is gone."
~ Ray Dalio
The post-1945 world order is officially over, as declared by leaders from Germany, France, and the US at the recent Munich Security Conference, where figures like Chancellor Friedrich Merz bluntly stated the rules-based system "no longer exists" amid a return to raw great-power politics.
This aligns precisely with Ray Dalio's framework in his chapter on the big cycle of external order and disorder, which maps how overextended empires decline through mounting debt, internal strife, and eventual clashes or wars.
Yet Dalio may have overlooked a critical angle: what if the debt cycles he outlines aren't merely recurring patterns but symptoms of a deeper flaw in our fiat monetary system, prone to endless printing and debasement?
Introducing Bitcoin—a decentralized, fixed-supply asset—into this escalating era of conflict could fundamentally disrupt that broken dynamic, offering a potential hedge or alternative as traditional currencies and orders falter.
Great article: The World Order Has Broken Down:
https://x.com/raydalio/status/2022788750388998543)
My node is BIP-110 ready