The U.S. presidential election poses the No. 1 threat to the world in 2024 regardless of who wins it, in response to a political threat consultancy agency’s annual report.
The Eurasia Group launched its Top Risks for 2024 report on Monday. Atop the record was “The United States vs. Itself.”
“The US presidential election will worsen the country’s political division, testing American democracy to a degree the nation hasn’t experienced in 150 years and undermining US credibility on the global stage,” the report stated.
“The US political system is remarkably divided, and its legitimacy and functionality have eroded accordingly. Public trust in core institutions — such as Congress, the judiciary, and the media — is at historic lows; polarization and partisanship are at historic highs.”
The report highlighted issues amongst Americans about President Joe Biden and his probably Republican rival, former President Donald Trump.
Trump, it famous, faces dozens of felony legal fees, together with these linked to his actions whereas in workplace and his try and overturn the 2020 election.
“In any stable, well-functioning democracy, the 2024 contest would be principally about those,” the report stated. “The United States is presently far from that. On the other side of the aisle, President Joe Biden would be 86 years old at the end of his second term. The vast majority of Americans want neither to lead the nation.”
The Eurasia Group additionally predicted that Trump, realizing he may face jail if he loses, will “use his online pulpit, control of the Republican Party, and friendly media to delegitimize both the system that is prosecuting him and the integrity of the election.”
That will place stress on Republican officers to handle elections in a method that advantages Trump, it stated.
Should Trump win, the nation faces the tip of democracy because it is aware of it. If Biden wins, Trump is not going to settle for defeat, and can do all the pieces in his energy to contest the outcomes, the agency predicted.
The U.S. is already deeply divided, and the 2024 election “will exacerbate this problem no matter who wins,” the report stated.
It added: “With the outcome of the vote essentially a coin toss (at least for now), the only certainty is continued damage to America’s social fabric, political institutions, and international standing.”
The group stated in its evaluation that 2024, on the whole, might be an “annus horribilis,” with “three wars” dominating international affairs: Russia vs. Ukraine, Israel vs. Hamas, and “the United States vs. itself.”
The second threat on the record was an enlargement and escalation of the battle within the Middle East. Third, the partitioning of Ukraine by Russia. And fourth, ungoverned synthetic intelligence.
The Eurasia Group, headquartered in New York, says on its web site it supplies political threat evaluation and consulting to assist traders and businesspeople to grasp how politics impacts dangers and alternatives in overseas markets.
Read the report right here.
