[mindslight]

Covid was a hiccup for global trade. The just in time supply chains created by the constant whittling/looting of the MBA class were the problem.

Globalization died when the small minded monster Republicans had been farming for decades escaped its talk radio cage and found Trump. Trump (and his loser-mentality enablers) saw systems they didn't understand, and more irritatingly other parties who wouldn't just lap up shit as they were bossed around, and inferred this meant the US must have been getting a poor deal instead of an awesome one. (BuT tHE dEbT!!1!)

[tored]

I think what your comment proves is that many Americans are stuck in the Democrat vs Republican mindset and thinking that kind of explanation actually works in a global context.

Pax Americana is over, US is no longer capable of dictating globalization to the rest of the world, why? Because many countries has caught up.

[mindslight]

There's a world of difference between accepting a shift in relationships from 'dictating' to being more equal partners, versus deliberately trashing relationships and doing your best to alienate.

If the US weren't still some kind of world leader, USD would be in the toilet as other countries would have dropped most of their USD holdings. The current regime seems to be doing their best to make that happen, whether for cryptocurrencies, foreign agents, or just simple-minded looting.

I'm an American libertarian. It's not Democrat versus Republican. It's conservative versus neofascist/patrimonialist.