It's not really happening in the US. The US economy remains strong and may not even go into a significant recession in the next year.
The US dollar remains the world reserve currency and allows unparalleled monetary and fiscal policy freedom. No-one is losing confidence in the dollar the same way they did in the pound.
Inflation is coming down in the US and it's in a fantastic place in terms of energy and food security.
The decline of "the West" you refer to is really the decline of Europe.
It's not really happening in the US. The US economy remains strong and may not even go into a significant recession in the next year.
The US dollar remains the world reserve currency and allows unparalleled monetary and fiscal policy freedom. No-one is losing confidence in the dollar the same way they did in the pound.
Inflation is coming down in the US and it's in a fantastic place in terms of energy and food security.
The decline of "the West" you refer to is really the decline of Europe.