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US military industrial complex is crippled due to loss of supply of refined rare earths (and many other strategic supply lines) after decades of decadent neoliberal decimation of the US industrial base.
Financialisation hollowed out the practical capacity of the US military industrial base- and transferred it to China.
China understands the lessons of The Opium Wars and will not trust the US to abandon its imperialist hegemony but the US empire today is facing insolvency due to its gutted mercantile capacity.
The petrodollar is dying.
A new era of a multi-polar world is emerging and Trumps grasping to retain regional hegemony at the expense of European and Asian allies confirms this.
US wealth and power will be much smaller in the coming decade.
Taiwan will be taken by agreement, not force
The USA must negotiate and manage its decline and Trumps tilt toward 'crypto' is analogous the the second empire constructed by the City of London as the British Empire declined.
https://www.youtube.com/watch?v=np_ylvc8Zj8