If it's at some economic dominance peak is at the point at the top of an upward curve, when the acceleration has ended and the object reaches 0 velocity before coming back. It's a downward trajectory: public debt, failing infrastructure, failing manufacturing capabilities, failing leadership, failing rule of law, increased irrelevance on the world stage, and let's not get started with the culture.
If the dollar falls further from being the global reserve currency (something which both administrations did their best to ensure it will happen) that will be an even worse blow.
That there are people in bubbles believing it's all fine, or they never been better, is also a contributing factor to all this.
If the dollar falls further from being the global reserve currency (something which both administrations did their best to ensure it will happen) that will be an even worse blow.
That there are people in bubbles believing it's all fine, or they never been better, is also a contributing factor to all this.