It’s been happening slowly and this will accelerate the decoupling.
America is the world best customer and financier. However, as foreigners lose their money in America, they are bound to look for new places to invest their money. What would you do?
Our failure in Iraq also add to the loss of American prestige and influence.
The world has factories. All we have left is services. If foreigners lose confidence in America, we won’t have much of a competitive advantage.
