After World War II, Washington crushed the other colonial powers and led the dominant global empire for nearly a century—especially over the past 75 years—but today that era has come to an end.
The United States failed to achieve victory in Vietnam, Afghanistan, and Iraq, and is now also losing in Ukraine. The current behavior of the Trump administration—from war with Iran to imposing tariffs on the entire world—appears “unbalanced,” resembling someone on the verge of collapse who is trying to conceal weakness through military and economic displays.
China’s economy has grown faster than that of the United States over the past 30 years, and this widening gap is the main source of anxiety among Washington’s elites.
The United States finances its wars by borrowing from its rivals. The national debt has surpassed 39 trillion, and the budget deficit for 2027 alone is projected to reach between 2 and 3 trillion $.
The major contradiction is that the United States borrows from the rest of the world—especially China, Japan, and the Persian Gulf countries—to finance its wars. This pattern intensifies the crisis and increases Washington’s strategic dependence.