The era of American Hegemony is ending February 23, 2024

Posted by hslu in BRICS, China, Cold War, Congress, 特朗普, 美國, 美國, Democracy, Economics, Election, 蘇俄, Global Affair, Globlization, Islam, Middle East, Military, One Belt One Road, Technology, Trade, U.S. dollar, U.S. Foreign Policy, 民主, 一帶一路, 中國.
Tags: BRICS, China, de-dollarization, Politics, Russia, U.S. dollar, Ukraine, White Supremacy
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The era of American Hegemony is about to end.

This video by Cyrus Janssen is packed with up-to-date information and it clearly points to the rise of the Middle Kingdom and, along with it, the downfall of the U.S. hegemony.

I knew this would be the ultimate outcome many years ago but it happened much sooner than I have envisioned. Unfortunately for the U.S., the ones who are responsible for America’s accelerated decline are none other than the American elites themselves. In other words, America did it to itself so many times that it has reached to the point of no return.

For the America empire, it is all downhill from now.

First, I did not anticipate the Biden administration waged such a massive and unprecedented sanction against Russia after the Ukraine war. To the contrary of Western design, the sanction totally back fired. Russia becomes much stronger since the war began and Ukraine has been defeated, 500,000 young Ukrainians were killed and many more have been wounded. The U.S. is out of options and the mother of all sanctions put the U.S. dollar in serious jeopardy. In time, it is destined to lose its world reserve currency status.

Second, America’s retreat from Afghanistan in August 2021 was such a disaster, the U.S. became the laughing stock of the world. The annihilation of Ukraine by Russia on the battle field in Ukraine made America look weak in the eyes of Iran and many militant groups in the Middle East. Today, they not only openly challenge American’s navy in the Red Sea but also attack American military bases all over the Middle East. The U.S. have tried to stop them with bombs and missiles but have little success so far.

Third, the EU and the British are crushed militarily and economically because America dragged them into a prolonged war with Russia they cannot win. The U.S. is not doing any better either because there is no clear way out of the mess if Biden is in charge.

Fourth, Hamas’s attack on southern Israel took America and Israeli’s intelligent agencies and Netanyahu’s administration by surprise. The genocides which took place in northern Gaza Strip after October 7th is ongoing in the Rafah region in southern Gaza. They are supported by America’s intelligence, aided by American weapons, and condoned by Biden. It clearly showed a total disregard of Palestinian lives. In the eyes of Arab people, America’s standing on human rights was merely a lip service when innocent Palestinian lives are at stake. Once again Arabs around the world realize what a hypocrite America is and they are leaving the global North in droves.

Finally, in a battle for worldwide supremacy, America has waged a trade war, multiple economic sanctions, and an all-out tech war, primarily in advanced chips, against China for more than five years. China has struck back against the U.S. through determination, innovation, hard work, and self-reliance. In all likelihood, America is losing the war against China.

As the aftermaths of Russia’s defeat of the Ukrainian forces and as Israel’s attack on Hamas’s underground tunnels are playing out in Europe and Middle East, respectively, one thing is painfully clear for the United States of America: past efforts to leave Europe and the Middle East are not working and pivot to the East to contain China has to take a back seat for now.

The problem for the U.S. is that the time is not on its side because the longer America waits, the stronger China is.

Even now, the United States is strained to do any real damages to China whereas China is making leaps and bounds in military weaponries, economic advances, technology breakthroughs and foreign alliances. Cases in point are Belt Road Initiatives (BRI), Asian Development Bank (ADB), BRICS+, and the Shanghai Cooperation Organization (SCO).

Since 2013, RRI has helped many countries around the world building infrastructure projects. ADB has made a variety of loans in local currencies to developing countries and by-passed American dollars all together. Several important OPEC countries are in BRICS+ and 30+ countries are considering to join. The SCO is a political, economic, international security and defense organization. It covers 60% of the area of Eurasia, 40% of the world population, and, last but not the least, every OPEC Nations are on the BRI.

While China is improving relationship with other countries, America was busy engaging in wars in Afghanistan, Iraq, Sudan, Kurdish region, Niger, Lebanon, Sri Lanka, Somalia, Georgia, South Kyrgyzstan, Tajikistan, Syria, Libya, Mali, Central Africa, ISIS, Houthi, Yemen, Tunisia, Chad, Ethiopia, Nigeria, Myanmar, Kivu, Ukraine, and Gaza. The U.S. is bogged down in Europe and Middle East militarily and financially with no way out of these quagmires while de-dollarization and selling of the US bonds continue unimpeded.

The United States is still the most powerful country in the world but it no longer carries the weight like it used to because America has shown the world that is a paper tiger with no teeth. Many countries and groups are standing up against the US empire. They are united to take on the U.S. in ways which will hurt the U.S. the most: take the U.S. dollar off the altar of the world reserve currency. De-dollarization is ongoing. It is accelerating, and the U.S. cannot stop it from happening. But, one thing is certain: the U.S. supremacy is ending.

Nothing looks good in the U.S. these days. You see it all the time on TV, in prints, and on the Internet. Even the left leaning main street news media cannot hide it anymore.

Inflation is up. Interest rates are staying at a higher level and Americans’ living standards continue to suffer. Ordinary Americans get shafted since the Great Recession but the wealthy becomes richer. National debt has reached $34+ trillion and the annual federal deficit is approaching $1.5 trillion and higher year after year. America’s standing in the world has suffered greatly and the Global South has abandoned the U.S. for fear of being punished by the U.S. financial system. Auction of a recent 20-year U.S. bond have gone poorly is probably a warning sign which may signal more troubles ahead.

Crimes are rampant in many American cities. Homeless population has surged to more than 650,000 nationwide. Ten million plus illegal immigrants have entered the U.S. after Biden won the presidency in 2020. They bought with them drugs, criminals, rapes, financial and fiscal burdens, and violence across the U.S. Deaths in America due to overdose of illegal drugs, mainly Fentanyle, have nearly quadrupled since 2018, reaching 106,000 in 2023 alone. That was 290 deaths a day! Many of them were young and should be productive citizens of the nation when they died. Murders, gun violences, and deaths of young people due to illegal drug use have bought down life expectancy in the U.S. three years in a row.

The divide between two major political parties along the ideology line and on various social issues has never been wider. Systemic racial discrimination is rooted in the social fabric of the nation. The wealth gap between the top 1% and the remaining 99% is the widest it has ever been.

The past two presidential elections have been hijacked by both parties and they have been heavily influenced by foreign nations. The White House and the Congress have been controlled by special interests and big companies. International treaties crafted by previous administration have been teared down by the U.S. government repeatedly. Globalization and supply chains have been abandoned by the U.S. government which bought unprecedented upheavals in the world.

Political, personal, trade, currency, and financial sanctions have been placed on hundreds of companies, persons, and entities around the world. The U.S. has engaged in multiple wars across the global. Among them are proxy war with Russia in Ukraine which has killed at least 500,000 Ukrainians and 100,000 Russians; genocides in the Gaza strip; overthrowing the Syria government and assassination of its president Bashar al-Assad; destabilizing the Libya government and killing of its president Muammar Gaddafi; intervention in Yemen; war in Red Sea with Houthis; Somalia civil war; war in Niger; and ongoing conflict in Lebanon. As of this writing, CIA is still operating in many countries to create havoc in many developing countries in the Global South.

In short, America has been and still is the source of instability in the world.

According to a recent report by U.S. Special Counsel Robert K. Hur, the current American president is a “well-meaning, elderly man with a poor memory.” Biden looks unpresidential, cannot remember where he is nor can he finish his sentences in many occasions. He has repeatedly fallen to the ground on live TV and has absolutely been an embarrassment for America. At 81, he insists on running for re-election probably because he is suspected of engaging in bribery schemes with foreign businesses. There are evidences that he might have received $30 million in exchange for compromised American foreign policies. The guy who wants to replace him as the next American president, Donald Trump, is a maniac, a criminal, a narcissistic old guy, and a con man who is facing numerous civil lawsuits and criminal prosecutions.

Infrastructure in the U.S. is crumbling down and public education system is failing American kids. Yet the U.S. government is sending billions and billions of U.S. tax dollar to foreign countries, e.g., Ukraine and Israel, to fight wars America has no way of winning.

Alas! America just does not learn from its previous mistakes and numerous defeats.

Is this the America which millions of foreigners want to come for freedom, equal opportunities, and prosperity?

What a joke.

To de-throne the U.S. dollar, countries such as China, Russia, Iran, South Africa, UAE, Brazil, Saudi Arbia, and many others, have used their local currencies, instead of the U.S. dollar, to trade. Their central banks have reduced their U.S. dollar holdings, increased gold purchases on the open market, and greatly curtail future purchases of the U.S. treasuries. They do it to protect their own interests because the U.S. weaponize U.S. dollar and financial system which make the U.S. government untrustworthy and dangerous to other countries’ national security.

This growing, concerted, and unrelenting action will in time result in lackluster U.S. treasury bond demands from foreign countries which will raise the borrowing costs for the U.S. government, public companies, and major and regional banks. A weak US dollar will likely push up the interest rate and raise inflation levels in the U.S. Deficit spending has kept the US economy growing in recent years but it cannot be sustained. Rising debt will impede America’s economic growth. In fact, the U.S. Treasury Department will issue $10 trillion US bonds in 2024 alone and will push the annual interest payments to $1 trillion or higher.

Well, enough of my pointless and repeated rants. Here are the primary reasons why I am bringing this development to your attention:

1. Urge you check this matter and come up with a conclusion of your own; either agreeing or disagreeing with the assessment of this video;
2. Look into the future, say 5 to 10 years from now, and assess what lies ahead for you, your family, and your children;
3. Decide a course of action to minimize the potential impact this changing landscape might have on your finance, investment, and net worth;
4. Ask yourself these questions. Will the value of the US dollar continue to drop? Will inflation keep picking up? Will interest rate remain high? And will the living standard of American people suffer? If your answers to these questions are positive, then the easy solution the government can choose now is to “tax the rich” and keep the government open for as long as it can.
5. As the economic conditions in the U.S. continue to deteriorate, property values might drop. Stock market will take a hit. Gold will be in short supply. Bitcoin might suffer too if the US government decides to outlaw the virtual currency and extract its value to narrow the gaping hole in federal government’s deficits.
6. Will the U.S. government take drastic actions, militarily, if necessary, against Russia, Iran and China when America finally loses out on the competition just like British lost to the U. S. in 1776 and later in 1812?
7. In the meantime, the U.S. government, Congress, and the news media will look for scapegoats to blame and Russia, China, and Iran are easy targets for sure. If the situation in the U.S. becomes dire, large-scale riots might pop up across America. The riots might become wide spread on the street and the militant Americans might target Asian people to vent their anger.
8. Should you consider moving away from the U. S. before the shit hits the fan?

The America empire is isolated because it cares for its own interest only. The era of white supremacy is on its way out. The BRICS+ alliance is overtaking G7 and the global South is awakening to the destructions America has inflicted to the rest of the world for the past seven decades. They choose to abandon the U.S. in waves.