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

@anarchademic @ChrisMayLA6 There’s a square in my strategic assessment for: US declares victory and leaves, Iran assures safety for all transport conducted in CNY, end of petrodollar and everyone moves along.
@anarchademic @ChrisMayLA6 that stem also has Gulf states realign militarily/investment-arily with Ukraine/Europe as they will feel abandoned, Israel takes and holds Lebanon to the Litani, diverting that water resource to Israeli projects.