In the post-World War II era, the US has been known for its hegemony–in other words, its leadership role in the world economy. According to one definition, hegemony is the political, economic, and military predominance of one state over other states. I believe that the US is not far from losing its hegemony. The conflict over future hegemony could lead to a major war.

Gail Tverberg, Our finite world.

https://ourfiniteworld.com/2023/05/04/the-bumpy-road-ahead-for-the-world-economy/