For president Putin, there is no other option as to succeed with his “special operation” in Ukraine. A war that almost unavoidably will lead to a catastrophic confrontation with NATO.
As developments in Ukraine are unfolding, at the very same time tensions between Israel and Iran mount as China is on the verge of a clash with Taiwan. Further we have the Korean issue and numerous smaller conflicts round the globe.
New York University professor and economist Nouriel Roubini said last week in an interview with the German Magazine “Der Spiegel” that the third WWIII already effectively began.
We live in chaos.
Roubini predicts that we are heading to a world in turmoil with “everything split in two”
Earlier, Wall Street traders called Roubini, who came to prominence for predicting the financial crisis in 2008, ‘Doctor Doom’
Today, the professor has more bad news in store as he said that a new world war with total worldwide disruption is practically underway.
The global threats mounting by day as the situation in Ukraine worsens and the Israel- Iran relation is on collision course as well.
Nouriel Roubini stated further: “I read that the Biden administration expects China to attack Taiwan rather sooner than later”
Not to forget the rivalry between Washington and Beijing that is driving tensions to a large degree.
“The US has banned the export of certain semiconductors to China and is pressuring European nations to quit trade relations with the country on national security grounds”
The economist believes that a breakup of the globalized world is now an unstoppable event.
“It’s on all aspects of daily life. Trade, finance, technology, internet: Everything will break up”
The professor is worried that the political systems in the US and Europe may not be able to cope with the rising problems.
Everything is getting out of control. It’s a fire completely out of hand with at the end of the day a tremendous amount of damage and casualties.