The Global System Is Collapsing: Michael Every on Statecraft, Economic Warfare & the Multipolar World

The Global System Is Collapsing: Michael Every on Statecraft, Economic Warfare & the Multipolar World Economist Michael Every examines the accelerating breakdown of the global system across geopolitics, finance, economics, and national security. He argues that the age of financialization and easy profits is giving way to a new era of statecraft, where industrial capacity, physical resources, military power, and supply-chain resilience increasingly determine a nation's strength. The discussion explores the overstretch of the United States, the growing use of economic warfare, the return of industrial policy, and the geopolitical consequences of persistent conflict and resource scarcity. As global markets become increasingly shaped by physical realities rather than financial indicators alone, Every argues that nations will need greater self-reliance, domestic production, and strategic resilience. Is the world entering a new multipolar era—and what happens when economic competition becomes inseparable from geopolitical power? #MichaelEvery #Geopolitics #EconomicWarfare #Statecraft #GlobalEconomy #MultipolarWorld #Geoeconomics #USChina #GlobalMarkets #Reindustrialization #SupplyChains #EconomicCrisis #WorldOrder #InternationalRelations #Finance