Potential Economic Disaster for the West Looms Amidst US Political Turmoil

China, once seen as a cheap manufacturing hub, has transformed into a formidable competitor across various sectors including green energy, engineering, software, and consumer goods. To protect its economy, China is now taking measures to safeguard against potential sanctions and other pressures. As concerns grow over a potential international crisis arising from Taiwan, it is imperative for the West to come together and develop a credible economic deterrent.

Furthermore, it is crucial for the United States to take a leadership role in countering Russian aggression.

There is growing concern that the Ukrainian counteroffensive is progressing slowly, and with the approaching “rasputitsa”, or “mud season”, assaults and maneuvers will become even more challenging. The US, consumed by domestic political issues, may find its resolve to support Ukraine against Russian invasion waning.

In the aftermath of the recent charges against Trump, Fitch, a ratings agency, downgraded US debt from triple to double A. Fitch cited “poor governance” as a reason, casting doubt on the long-term sustainability of US debts.

This downgrade serves as a stark reminder that America’s dysfunctional political system and its reliance on borrowing and spending cannot persist indefinitely. Neither Joe Biden, approaching his mid-80s, nor Donald Trump, entangled in legal battles, can provide the necessary solutions.

We must abandon any false sense of security as the rules-based liberal order faces serious threats. War has resurfaced in Europe, and economies throughout the continent are grappling with the repercussions of lockdowns and energy crises. It is imperative to maintain the unity of the Western alliance and for the US to harness its strengths, especially during this tumultuous period.