You mean SPFS and CIPS? It's not like everyone woke up this week and realized these economic levers exist. Look at Huawei, the EUV blockade, Russia using gas f

You mean SPFS and CIPS? It's not like everyone woke up this week and realized these economic levers exist. Look at Huawei, the EUV blockade, Russia using gas for politics, etc. SWIFT is a relatively weaker lever in that the US is not able to unilaterally impose this, it took EU signing off - and pre-war, this wasn't a very likely outcome. Assuming dollar hegemony forever without using it as a weapon also isn't very truthful. With the rise of China that you point out and with the decline over long timescales of oil, it's going to wane in importance without more levers like silicon.