Economic slowdown unfolds
The article discusses the United States' escalation of its economic sanctions against Iran, aiming to completely isolate it and impose an unprecedented economic embargo. These measures include restrictions on digital assets, technology, gold, aviation, and maritime shipping. Despite the United States’ violations of the United Nations Charter and its disregard for international systems, these sanctions typically do not lead to the fall of governments; instead, they harm the populations and bolster corrupt security agencies. The article also highlights that American sanctions target China as well, especially after Beijing implemented a licensing system for the export of rare minerals, which disrupted global supply chains. As a result of these policies, countries are moving toward establishing new defensive arrangements, reducing their holdings of the dollar, and diversifying their economic and technological sources away from U.S. influence. These shifts pose a trap for the United States that could undermine its long-term dominance.
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