Mark Carney’s speech at Davos 2026 was hailed by many in the audience but his warning was not a prediction of a distant future; it is a description of our present reality. The post-Cold War ‘World Order’ is being replaced by a system of intensifying great power rivalry. The United States is pursuing its interests with a stark, transactional logic, forcing every nation to respond to a challenging question: Whose favor will you compete for?