The Crumbling, Crippling, Capitulating, Collapsing US Empire?

The World Order enforced upon us is the result of WW-I & WW-II and its changing now. The main reason is the rising Asia and failing USA as an empire. USA rise as an empire was not scheduled and its fall may also not be an usual act. Is it time for multi polar world order? This write up is an opinion on worsening US economy.

Jun 09, 2025 - Muhammad Asif Raza

بِسۡمِ ٱللهِ ٱلرَّحۡمَـٰنِ ٱلرَّحِيمِ 

In the name of ALLAH, the Most Gracious, the Most Merciful

 

The Crumbling, Crippling, Capitulating, Collapsing US Empire?

 

The world we are living in today is being run under a regime that was set in order after World War-II. The regime authorized Allied Nations under USA to lead the world wishing to enjoy freedom, liberty and democracy as a form of government. The USSR led the other group; however, USSR collapsed in 1989 as predicted by Paul Kennedy in his remarkable book "Rise and Fall of Great Power". Kennedy identified heavy emphasis on the relationship between military expenditures and economic/technological change and the tendency of dominant nations to expand their influence and control beyond their reach in determining the ingredients for survival as a great power.

 

USA established itself as country or "land of opportunity" offering the "American Dream" to the whole world; thus attracting enterprising brains of the world which helped USA prosper in leap and bounds. After the fall of Berlin Wall, USA became the lone super power and probably it also reached its peak. Soon after that the global think tanks observed the rise of Empire within democratic USA and that was seen rising from the debris of “Twin Towers” debacle of 9/11. While the United States has never officially identified itself and its territorial possessions as an empire, some commentators have referred to the country as such, including Max Boot, Arthur M.

 

Alfred W. McCoy's article "Is the American Empire Now in Its Ultimate Crisis?" appeared in "Fair Observer" dated March 27, 2024; which says that "Empires don’t just fall like toppled trees. Instead, they weaken slowly as a succession of crises drains their strength and confidence until they suddenly begin to disintegrate. So it was with the British, French and Soviet empires; so it now is with imperial America. Rise and Fall of US Empire will be a very intriguing study in future.

 

It is stated that earlier empires declined because the elites took more than their share of income and resources and paid the price in internal malaise, depression, rebellion or external conquest. It has also been observed that as an empire begins its decline, it often desperately clings to power, resorting to threats over diplomacy to solve problems. This leads to economic and military conflict, back-stabbing allies for economic advantage, and even pressuring countries that suggest moving away from the dominant currency.

 

Quigley offered, in The of Civilizations (1961), seven stages of a civilization's change: mixture, gestation, and expansion, age of conflict, universal empire, decay, and invasion. The American is the first empire in which the whole home population, though very unequally, shares in the exploitation of the whole world. Shrinking military advantages, deficit spending, geopolitical overreach, and a shift in moral, social, and behavioral conditions have been associated with American decline. The fall has also been the consequence of less efficient utilization of the state's productive economic resources in war efforts and otherwise also.

 

JPMorgan CEO Jamie Dimon has recently stated that while China poses a significant threat, the greater danger to the U.S. lies in internal dysfunction, including political and economic mismanagement. He warns that issues like rising national debt, weakening alliances, and poor governance could undermine America’s global leadership and reserve currency status if not urgently addressed. “That stuff is going to kill us,” he added. “I always get asked this question: Are we going to be the reserve currency? And no, if we are not the preeminent military and the preeminent economy in 40 years, we will not be the reserve currency. That’s a fact, just read history.”

In 1992 during US presidential campaign, later President elect Bill Clinton's political advisor James Carville famously coined the term "It's the economy, stupid!" which proved to be the defining message. The same is true for the unclaimed US Empire which is constantly involved in war since its creation. USA fought 201 wars including proxy wars in a manner that there are only 16 years of 240+ years since independence which saw no war. YES, USA rose as a power during a war but as per Paul Kennedy's research the heavy emphasis on the military expenditures could be disastrous for economic health. The technological advantage which USA enjoyed in 1945 is fast changing and lever may swing the other way in near future too.

 

But the term "It's the economy, stupid!" shall never be denied even in international relations and diplomacy. The USA may be a strong military power but can it sustain with losing financial strength. The annual US budget deficit is going to be over $2 trillion per year going forward. It pays over $100 billion per month in interest on the national debt; $1.2 trillion per year. That is about 25% of all government revenue going to pay interest on the debt. 

 

The numbers don’t lie—Washington’s addiction to reckless spending is bankrupting America. A $2T annual deficit? $1.2T wasted on interest payments? That’s 25% of revenue flushed to service debt while bureaucrats funnel billions into bloated contracts like the $2.9B Office of Refugee Resettlement boondoggle. Since 2019, federal spending exploded 51.7% to $6.7T, fueled by HHS ballooning to $1.7T and Treasury doubling to $1.3T. Meanwhile, DOGE clawed back $175B by axing grift like $1.75B in USAID handouts to globalist NGOs. Elon Musk said on x.com that "This immense level of overspending will drive America into debt slavery!" Listen here

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Warning for Rest of the World

These are uncertain times as was in early 1900s, when WW-I started and world order settled only after WW-II. The snow ball effect that started with Twin Towers demolition by Air Craft Collision on 9/11/2001 has not settled yet. A very alarming twist has been added to the situation by 4 days escalation between India and Pakistan in May 2025. The USA is a democratic country that spiral into Empire status and that's the problem which is falling "democratic empire".

 

The "outfall" of a falling empire refers to the consequences and ripple effects that occur after an empire loses its power and influence. These consequences can be multifaceted and include political, economic, social, and cultural shifts. The USA is rich with collective world intellect (brain gain) and fall of USA means failing of collective world conscience. The rest of the World must guard against its fall out and assist the rise of Asia due to its size and raising life standards and emergence of multi polar world with out being involved in catastrophic violent actions because of the presence of Weapons of Mass Destruction.


Listen to Jeffrey Sachs’ Explosive expression in the below about the current situation.

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