Why the American Empire Will Collapse in 2026 – Prof. Jiang Xueqin
13-3-2026 Glen Diesen
America’s confrontation with China is no longer about oil fields or ideological slogans—it is about control over the architecture of the global economy.In this wide-ranging discussion featuring Prof. Jiang Xueqin, the focus shifts from Venezuela and the Monroe Doctrine to a far more consequential question: what happens if the United States itself enters a period of financial crisis just as great-power rivalry intensifies? The argument is stark. Washington’s moves in Latin America are less about seizing resources and more about denying Beijing access to them, reinforcing a hemispheric strategy aimed at preserving dollar dominance. Yet this strategy unfolds atop an American economy riddled with structural fragilities. Artificial intelligence investment, according to Prof. Jiang, has become a primary engine of U.S. GDP growth—yet its profitability remains uncertain. Commodities markets are described as dangerously over-leveraged, with paper claims far exceeding physical supply, while cryptocurrency speculation adds another layer of instability. In this telling, the American financial system no longer self-corrects through fundamentals but is increasingly concentrated in the hands of a few dominant actors, sustained by monetary expansion and the absence of a credible alternative to the dollar. If a crisis erupts in 2026, the consequences would not be confined to markets; they would reverberate through domestic politics and foreign policy, potentially accelerating geopolitical escalation. China, meanwhile, faces its own vulnerabilities as an export-dependent economy navigating containment pressures. Taiwan, Japan, and the Strait of Malacca emerge as critical pressure points, where energy security and trade routes intersect with military risk. Europe appears trapped between strategic inertia and political denial, militarizing despite limited capacity and deep internal fractures.
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