Martin Wolf (FT) on how the world see the USA (right now):

'What is far clearer now... is that the US is no longer a credible world leader. If it can elect this man twice, it has lost the plot. Why would it not elect someone even worse? Such a country is incapable of providing reliable global hegemony. What it provides instead is an unpredictable wrecking ball'...

and hence, as I've remarked before, the slow but sure pivot away from the USA as an economic partner is well underway!

#politics

@ChrisMayLA6

Yeah, basically the America voted out its own superpower status. The really rich guys out of Silicon Valley and the guys from project 2025 always hated international cooperation. They’ve been extremely successful toppling the nation in a lot of different ways.

Dismantling dollar dominance could have a real value to it in terms of rebuilding local business, but the people behind it aren’t interested in that