I would consider bonds and treasuries a stronger signal than any lack of "post-AI" political vision.

China's security establishment has gone public with the view that their purpose is no longer to find answers to the question 'how do we survive the US?', but instead to something like 'how do we manage the US?'.

In the coming years US power projection is not going to look anything like the stuff we grew up with, that social and military influence just does not exist anymore. Right now, things are pretty good, compared to what they'll be in a year or two. It's likely we'll get a brutal el Niño, fertilizer and lubricant shortages, gnarly energy prices and more, all at the same time. The US is closing down food production at a rate that would keep me up at night if I lived there.