Who is left on the American side today?
All empires fall but it takes time. What we have to remember that not everything is lost ... yet.
For example Europe is still the main importer of US inflation. Which is why we saw EUR start dumping. They even started importing the low quality US gas that had a hard time finding customers before.
US still has a lot of colonies around the world like Saudi Arabia, an oil rich country that is only getting some kicks in while US is showing weakness.
Their weapons exports grow due to the conflicts too, they basically regained a good chunk of the market that they lost ever since we shot down their most advanced and expensive stealth aircraft in 2019 with a single shot.
The whole strategy Xi Jinping set up for China is much more about global economic domination and first and foremost about economic growth.
Exactly because of that they have to prevent Taiwan from falling into the hands of US. If US succeeds in colonizing Taiwan, then China would face a serious threat right at their doorsteps. Not to mention that they would be seriously challenged in the sea considering US has already colonized South Korea and Japan (North China sea).
If growth slows down for China, their whole long-term strategy is threatened.
I'm not an economy expert but many claim that China has already grown enough and they are now entering a new phase to dominate in other fields specifically in the sea to ensure their future growths.
The most likely scenario is that the US won't just let it happen.
I strongly believe that US will do the same with Taiwan as they did with Ukraine. They pray from afar!
Others like Japan may be pushed into this conflict though.
US has been trying to build 2 more NATOs to participate in the proxy war.
The "European" NATO that is supposed to face Russia with Europeans as cannon fodder.
The Asian NATO that is supposed to face China with those countries in it like Japan to be as cannon fodder.
The Arab NATO that is supposed to face Iran with Arab countries (Saudi Arabia, Egypt, Jordan, with tiny "cities" such as UAE, Bahrain, Qatar,Kuwait) to be cannon fodder.
This is because US knows if they get into a direct conflict with any of these super powers they can all hit US mainland and 2 of them have nukes with the third capable of building them in days.
Energy will remain the biggest topic of the near future.
I posted some more thoughts about this conflict and energy prices here:
https://bitcointalk.org/index.php?topic=5408722.0Don't know why it was moved to another board though!