From history when ever there is a big move that wants to take place like a shift in the world order its always marked with crisis like this that we are seeing in the world today I see a shift in the financial system of the world because as far as am concerned this wars that are going on are all triggered by economic problems and interest so the world is moving forwards the crypto currency age I see crypto currency taking over the center stage of the world
If you study history, you will see that major changes have always been accompanied by major crises. And to be honest, what we are witnessing now is difficult to call a global crisis. It is more of a local one, especially in the regions where there are currently intense military conflicts. You could say that COVID affected the entire planet, but I feel like it was just a rehearsal for a much bigger global crisis that lies ahead.
Conflicts between different countries especially when they are two countries involved cannot be seen as a global crisis since other regions can still be living in harmony without any obstruction. Although when countries that are know as the biggest economy involves in a conflict, this can affect other countries that are dependent on the country for survival, natural resources and goods.
The future of the global economy depends on countries like China, United States, Canada, Germany, Russia and others will big economy. China has the biggest economy so far due to their sophisticated man power and advance technology making them the world manufacturing hub.
You have some valid points but still conflict create serious problems for many countries because while two countries are involved then few other countries also faced trouble because many things stopped trade stopped tourism also faced problems these had impact on global economy.
For positive and better economy needs to be balanced situation which encourage investors to spend their money and bring things in market currently two big conflicts halt few things which are surely going to have huge impact in future as well world economy needs good conditions recently Trump policies halt things now Iran vs Israel.
No doubt big players like China, USA, Germany and few other countries are big players but still as mentioned good balance and equality also important because many other countries are also had good stakes which always keep things on good and biggest part of world population take advantage of better conditions.