I think it’s the end of US hegemony, and might be the beginning of a very steep decline. China is on course to lead the world, but I think it will be multipolar

I think it’s the end of US hegemony, and might be the beginning of a very steep decline. China is on course to lead the world, but I think it will be multipolar and the US will gradually descend to a middling power over the next fifty years. The reason, I think, is that a kind of social compact died. Powerful corporate interests neglected much of the American population, which bred resentment and anger now harnessed by Trump, Musk, et al. I don’t see a fix, I’m not even sure it can be fixed. It took decades to offshore so much of the American economy, but I don’t think anyone will be given decades to fix it. I wonder how history will judge the American era.