“As China has been the world’s ascending economic superpower through its unique mixture of private and state-owned enterprises, the U.S. economy has shrunk as trade liberalization and globalization de-industrialized the Rust Belt. Simultaneously, the expense of the military budget has grown so gargantuan that it can’t be audited while rash imperialist wars in the Middle East following 9/11 marked the beginning of the end for American hegemony. “
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