{"id":3018,"date":"2026-07-09T10:37:19","date_gmt":"2026-07-09T10:37:19","guid":{"rendered":"https:\/\/nextaddressamerica.com\/?p=3018"},"modified":"2026-07-09T10:37:19","modified_gmt":"2026-07-09T10:37:19","slug":"sundowning-trump-has-ensured-americas-decline-nobel-economist","status":"publish","type":"post","link":"https:\/\/nextaddressamerica.com\/?p=3018","title":{"rendered":"\u2018Sundowning’ Trump has ensured America\u2019s ‘decline’: Nobel economist"},"content":{"rendered":"
\n

On Wednesday, Americans woke up to a flurry of news regarding President Donald Trump\u2019s hostile meeting with NATO leaders in Turkey, in which it has already been made clear that he intends to further distance the U.S<\/u>. from its longtime allies. This prompted Nobel Prize-winning economist Paul Krugman<\/u> to warn that a visibly \u201csundowning\u201d Trump has pushed the U.S. into \u201cprecipitous decline.\u201d<\/p>\n

Read more Trump busted for claiming credit for something he didn\u2019t do<\/a><\/p>\n

As Krugman notes, a recent report by the Wall Street Journal described how Trump\u2019s threats to invade Greenland earlier this year drove European leaders to meet in what was described as a \u201ctherapy night<\/u>\u201d as they vented about the situation. \u201cYesterday,\u201d writes Krugman, \u201csoon after he arrived in Ankara for the NATO Summit, Trump reiterated his demand that Denmark hand him control of Greenland<\/u>. But reactions were subdued. As far as I can tell, our erstwhile allies are now treating Trump as the senile uncle who says crazy, outrageous things, but shouldn\u2019t be taken seriously.\u201d<\/p>\n

The change, he says, is that Europe has \u201cgiven up hopes\u201d that the U.S. will return to being the ally they once knew, and they\u2019re preparing accordingly. Here he quotes the Journal<\/u> at length:<\/p>\n

\u201cAmerican allies have begun pushing the gas pedal on an unprecedented experiment in de-Americanization. Authorities from France to the Netherlands are quietly removing American tech from their systems, adopting European open-source software and urging civil servants to no longer use Microsoft Teams or Office. Belatedly, they are spending hundreds of billions of dollars to try to boost Europe\u2019s own private space firms, AI companies, and data centers, to avoid leaning on U.S. juggernauts. <\/em><\/p>\n

\u201cEuropeans are running studies on where they would store their data or process their payments should friction with the U.S. escalate, and how well their American-made weaponry would operate without Washington\u2019s authorization. Nations whose empires once spanned the globe are now stuck trying to extricate themselves from their humbling dependency on American technology and military power, without provoking the U.S.\u201d<\/em><\/p>\n

According to Krugman, this turn from the U.S. has come because they realized that the nation that twice elected Trump \u201csimply can\u2019t be trusted,\u201d while simultaneously recognizing \u201cplummeting perceptions of his power.\u201d In other words, \u201cthe world no longer takes him seriously.\u201d<\/p>\n

Read more Desperate Trump plans to use military on 2026 midterms: Experts<\/a><\/p>\n

While the country is still technically a superpower, asserts Krugman, \u201cThanks to Trump, the U.S. has seen its global influence plunge.\u201d He cites three main factors driving this \u201cprecipitous decline.\u201d<\/p>\n

\u201cFirst, there is the debacle in Iran,\u201d writes Krugman. \u201cNot only did Trump\u2019s war of choice fail in all its objectives, it revealed that U.S. military power is far more limited than almost anyone realized.\u201d What\u2019s more, \u201cin addition to showing the limits of U.S. military power, the war also showed the limits of U.S. financial power: It is increasingly easy for nations to bypass U.S. banks and the dollar using cryptocurrency \u2014 and Chinese yuan<\/u>.\u201d<\/p>\n

Second, though Trump and his allies have made it clear that they hope Russia will win over Ukraine, the fact that his influence has failed to deliver a win to Putin further demonstrates slipping American power. As Krugman explains, \u201cAfter Trump cut U.S. aid to Ukraine by 99 percent<\/u>, Ukraine not only survived but began gaining the upper hand. Europe has stepped up financially, more or less replacing the lost American dollars. And Ukrainian military innovation has largely made up for the loss of American weapons. The result has been to make the U.S. increasingly irrelevant.\u201d<\/p>\n

\u201cFinally,\u201d writes Krugman, \u201cTrump\u2019s global power play rested on economics even more than on military force, above all on his belief that other nations would cower in fear at the prospect of facing U.S. tariffs. But Trump\u2019s attempt to weaponize international trade has been a bust.\u201d As a result, rather than dealing with the U.S., strained allies are working around it. Krugman raises the example of Canada\u2019s decision to build a new pipeline<\/u> that will bring oil directly to Asia rather than the U.S.: \u201ca highly visible symbol of a general world move toward bypassing America now that we have become an unstable, unreliable economic partner.\u201d<\/p>\n

As Krugman concludes, \u201cThe combined effect of these humiliations for Trump and his minions has been a drastic reordering of America\u2019s place in the world. For most of last year foreign leaders kept trying, desperately, to appease Trump. These days they\u2019re mostly just humoring him, building a world in which his sundowning<\/u> won\u2019t matter\u2026 Nobody expects anything but chaotic bluster from Trump, and what he does matters less and less.\u201d<\/p>\n

Read more Old Trump trick may help him get away with stiffing E. Jean Carroll<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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