this post was submitted on 24 Dec 2025
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China's wealth has dramatically skyrocketed over time, resulting both in more billionaires and in dramatically improved material conditions for the working classes. China is not in "hard times" either. I suggest reading China Has Billionaires.
The US is the world empire. The vast sums of wealth it has it gains by superexploiting the global south for super profits and through unequal exchange. It uses the IMF, dollar hegemony, and financial institutions to plunder the world. This is by definition an extremely clear empire. Trump isn't taking it on a death spiral, imperialism is decaying and Trump happens to be president while that happens.
You've consistently erased the US Empire's imperialism and tried to pretend it's somehow beneficial to the world, which is the key problem with your analysis.