The ignition of trade and currency wars have consequences. As the declining fortunes of the much vaunted G-7 wane, their willingness to confiscate the sovereign funds of the Russians, their economic war on the Chinese and BRICS countries in general, raises doubts about their ability to leverage past wealth and power. Looks like blowback in the extreme.FAFO.

An example of how badly this can result:

Aftermath of the Suez Canal Crisis.

By early 1957, British, French, and Israeli forces withdrew under international pressure. The crisis marked a significant decline in British and French influence in the Middle East and bolstered Nasser's status as a leader of Arab nationalism. The United Nations established a peacekeeping force to supervise the canal, which remained under Egyptian control. The Suez Crisis highlighted the shifting dynamics of global power and the decline of colonial influence in the post-World War II era.