> Its baffling that you think the collapse of the USD would have no negative ramifications on the rest of the world.
Empires rise and fall, pax Americana was not the world's first hegemony. The end of the British Empire is within living memory - while they sowed seeds of instability in a handful of former colonies that still flare up today, the rest of the world is fine. Britain, on the other hand, has had to enter a "managed decline", and is a much smaller player in world politics than it was a century ago.
What do you think the US is going to do for that bang? How could a bang ever bring the wealth and peace that its prior friendship with allies brought?
The US doesn't have the cards to play, because the current US Government doesn't even understand where the wealth has come from. That US Government has risen to power by tricking the public into thinking that the very things that make the US wealthy and powerful are actually a scam making them poorer.
The current US Government has already broken the trust that makes the US strong. The repercussions will take years to become fully visible, and without immediate course correction those future repercussions will get far far worse.
> What do you think the US is going to do for that bang?
Literally a bang.
Or many bangs. The largest military in human history going YOLO won’t be a pretty sight. (The only way it sucks more in America than it does abroad is if we go civil war. But even then, it’s almost certain to go global.)
This may be recency bias. The current age just has more immediate, global communications. "The sun never sets on the British empire" had a literal meaning based on how globalized it was then. They even laid intercontinental undersea cables.
Empires rise and fall, pax Americana was not the world's first hegemony. The end of the British Empire is within living memory - while they sowed seeds of instability in a handful of former colonies that still flare up today, the rest of the world is fine. Britain, on the other hand, has had to enter a "managed decline", and is a much smaller player in world politics than it was a century ago.