Ian Welsh predicts that the US will be a big loser of the Ukraine war, ending the US global hegemony. The war demonstrates that countries can successfully defy the US. China will support defiant nations against US sanctions.

Welsh makes a credible case. I’m insufficiently informed to have my own opinion.

Welsh’s article went up yesterday, before the latest shenanigans.

Yes, the war is going badly for Russia, and was even when Welsh posted. That does not undercut Welsh’s arguments.