New World Order: Trump, Carney End Pretense, Accelerating Global Power Shift

World
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CNBC TV18•31-01-2026, 10:08
New World Order: Trump, Carney End Pretense, Accelerating Global Power Shift
- •Donald Trump's actions, like demanding Greenland and not euphemizing Big Oil interests in Venezuela, ended the pretense of America as a benevolent hegemon.
- •Canadian Premier Mark Carney declared the 'rules-based order' dead, advocating for Europe to build new alliances of 'Middle Powers' in a system of intensifying great power rivalry.
- •Europe, particularly France, Germany, and Denmark, prepared for war with a NATO member over Trump's Greenland demand, signaling a significant shift in alliances.
- •India, China, and Brazil offloaded $194 billion in US treasuries, and central banks globally traded dollars for gold after the US blocked Russia from the financial system.
- •The SCO Development Bank and RBI's proposal for BRICS digital currency linking aim to reduce reliance on the US dollar, indicating a tectonic shift in the global financial system.
Why It Matters: Trump and Carney's actions are accelerating a transition to a multipolar world order and a new financial system.
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