Part 5/9:
Historical comparisons suggest that as one empire wanes, another ascends. For example, as the Netherlands surrendered its supremacy to the United Kingdom, which later yielded to the United States, it now seems that the U.S. is on the precipice of a similar decline, possibly ceding its position to China.
This comparative analysis provides a crucial context for understanding the potential trajectory of the U.S. If we analyze recent history and extend the timeline of decline, many theorists, including leading economists like Ray Dalio, argue that we are nearing a critical inflection point. However, it may take several decades for the full effects of this decline to manifest visibly.