I don’t disagree with you, that’s why it’s important for many countries to decouple to minimise the potential aftershock. The question is if politicians in respective countries have the will to do so.
Worst case scenario is a World War III. But the lesser worst case scenario is that the rest of the world will tie themselves to China for economic security that the US has dropped. Maybe the more ideal situation is a multipolar world but with more cooperation and getting used to without US as the major economy.
Another kitchen will take its place; always have. Now, whether you agree or not, the next kitchen is likely to be China.
And not to completely dismiss your point, but like I said in another comment, it’s important to decouple from the kitchen that is US to minimise the consequences. I don’t want another repeat of the Roaring 20’s and the countries too economically intertwined with the US also collapsed when the Great Depression hit. One of those countries who was dragged down the worst was Germany, when American investors pulled out their investments from the country. That severe aftershock gave rise to the Nazis, and the rest is history.
*American civilisational collapse
America has been the most dominant world-wide force in 6 decades. If it collapses, it’s doing a lot of damage, taking other civilizations with it.
I don’t disagree with you, that’s why it’s important for many countries to decouple to minimise the potential aftershock. The question is if politicians in respective countries have the will to do so.
Which will also hasten it’s fall.
Worst case scenario is a World War III. But the lesser worst case scenario is that the rest of the world will tie themselves to China for economic security that the US has dropped. Maybe the more ideal situation is a multipolar world but with more cooperation and getting used to without US as the major economy.
Mainland Chinese industry coupled with Russian mineral resources.
US-American.
Unfortunately most the so-called west is toast when the US fails. From Military to Cloud all US-dominated.
Europe is slowly decoupling from US tech, fortunately.
Dunno if they’re going fast enough, given the current speedrun being madenin the US towards societal meltdown.
“It’s not the house that is on fire, it’s just the kitchen”
Another kitchen will take its place; always have. Now, whether you agree or not, the next kitchen is likely to be China.
And not to completely dismiss your point, but like I said in another comment, it’s important to decouple from the kitchen that is US to minimise the consequences. I don’t want another repeat of the Roaring 20’s and the countries too economically intertwined with the US also collapsed when the Great Depression hit. One of those countries who was dragged down the worst was Germany, when American investors pulled out their investments from the country. That severe aftershock gave rise to the Nazis, and the rest is history.
Fair points