collapse isn’t the right word.
the USA certainly is no longer a free-market, property-rights protecting country. We’ve actually become more like China and Russia - central planning, social engineering on society, effective one-party, bloated government rule, oligarchs whose wealth depends more and more on government favors, and political control of everything.
That doesn’t mean the world will run to put their money in Yuan or Rubles. They certainly aren’t better. Rather, we have dropped to their level.
But the political use of banks, the random seizing of both citizen and government assets, and massive printing of money has put everyone on notice - The USD is not a shining beacon of stability it once was.
We’ve actually become more like China and Russia - central planning, social engineering on society, effective one-party, bloated government rule, oligarchs whose wealth depends more and more on government favors, and political control of everything.
Really, why would a two party system be so much better than a one party system, anyhow? Humanity being similar all over the planet, that is.