U.S. May Lose Control of World Finance Due to Conflict in Ukraine, Says French Analyst

The Ukrainian conflict is existential for the United States, which, in the event that friendly European economies become exhausted, will run the risk of losing its grip on world finance, French historian and anthropologist Emmanuel Todd said in an interview with Le Figaro. “The reality is that World War III has already begun.” In his commentary, he recalls a piece of analysis offered by Professor John Mearsheimer, of the University of Chicago, who argued that whereas for Russia this conflict was “existential,” for the United States it was just another game among other countries, and that victory or defeat in…