In this episode, Charlie and Peter Erickson break down the rapid degradation of the third pillar of US hegemony: the economic system. They discuss Japan’s recent economic crisis, why the US intervened by dumping Euros to save the Yen, and the alarm bells ringing as Japan begins selling off US Treasuries.They also dive into the shifting military dynamics, including shocking reports of Japanese troops appearing in Ukraine, Russia’s hard turn toward active deterrence, and the growing economic and nuclear desperation in Washington as the US runs out of moves in the Persian Gulf.Timestamps:00:00 - Introduction: The Three Pillars of Hegemony01:07 - Japan’s Economic Crisis & Selling US Treasuries06:35 - Sacrificing the Euro to Save the Yen07:49 - Shifting Pacifism: Are Japanese Troops Now in Ukraine?11:25 - The Strange, Self-Destructive Geopolitics of US Vassal States14:32 - Is the Economic Pillar of Hegemony Finally Breaking?18:00 - The West’s Moral Decline & Loss of Soft Power21:27 - China’s Role in Dismantling the Dollar System27:29 - How Dollar Weaponization is Destroying the US Economy31:58 - Why Sanctions Have Only Made Russia & Iran Stronger39:18 - A Self-Destructive Empire with No Moves Left45:12 - Nuclear Desperation? Rumors of US Strategy on Iran56:24 - Russia's Hard Turn: The Death of Diplomacy1:03:52 - Managing the Collapse of the US EmpireGo Deeper:https://ruinsreport.com/Substack: https://conversationsamongtheruins.substack.com/Support the Conversation:Join as a Member: https://www.youtube.com/channel/UCW9CSfmP6gEjqtOdGTD_JKw/joinBuy Me a Coffee: https://buymeacoffee.com/amongtheruins