President Donald Trump’s second term in office has demonstrated his mastery of modern media, but also the weaknesses of being surrounded by ‘Yes’ men and women in his cabinet choices and administration generally.

Moreover, his nostalgia for late 19th century American tariff regimes, the Monroe Doctrine and American Imperialism is based on the false assumption that such policies can work in a post-globalisation phase for the world economy.

An overview of how the alley and partner hegemony of the US is and was financed and prosecuted also exposes the inherent flaws in late empire and the failure to understand the “cannibalisation effect.”

Donald Trump’s aggressive “Art of the Deal” tariffs and sanctions are in effect a rampage against the boomerang effect of past US policies, which caused stagnation in it’s allies economies that were designed to keep allied economies subjugated to the dollar and American markets while weakening and exerting control over China, Russia and any other economy that did not ‘fall into line’. The net effect is that Cannibalisation of allies and partner economies has now generated stagnation in the US and that Trump’s questionable ‘corrective’ measures serve only to accelerate the decline of US economic, political, technological, military and diplomatic power.

Meanwhile the incremental shocks to the US economy only further catalyse and, as a result, strengthen the economy of Russia and especially China. The ascent of China’s power, however, is not limited to external forces, but rather the internal dynamism led by deep traditions in political and social unity, unmatched organisation capabilities and the production of innovation at speed and scale matched with massive investments in infrastructure, education, health and technological advances applied to market at speed and scale.

Is the US about to suffer catastrophic collapse?

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