China is inflating their currency too fast and Xi Jingping's hold on power is slipping, so they materially are too fragile to handle more.
MAGA can stave off close disaster by increasing their macro financial intelligence and more or less following these ideas, but the dollar is a dead man walking while the world doesn't realize it.
Ultimately, the currency printer of the dollar is being separated from state keyboards and a new money is taking it's place.