This is Trump's screwup, though not his alone. The US empire was already failing, and the events putting that in motion were before Trump was even president the first time. Biden also made things worse by trying to paper over the economic problems, but now we are seeing these tactics of the Biden administration being used in the Trump administration, I was not a fan of it under Biden, and I am not a fan of it under Trump. Eventually we cannot fake our way through economic reality.