A security studies professor traces thirty years of Western self-overestimation, from post-Cold War triumphalism to today's disorder, and asks what a more honest foreign policy would look like.
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Most business planning treats politics as background noise until a border closes, a currency is restricted, a sanctions list expands, or a local partner turns out to be politically exposed. Geopolitics rarely appears on a risk register, and it is one of the few risks that can invalidate an entire market entry at once. This piece covers how political change reaches the balance sheet, and what to watch for.