US hegemony lasted for a mere ~20 years. Today it does not possess hegemony, China is able to stand-off fully with the US both economically and militarily (at least in Asia).
Iran is a regional conflict. It will matter less than the Iraq war and occupation did.
It's possible that it will be a regional conflict the way the Serbian/Austro-Hungarian conflict was regional. Or the way people pretended that the Germany/Sudetenland conflict was regional.
I don't wish to catastophize. But I also think it's important to realize that this does have the potential to become much worse very suddenly. That doesn't make the decisions easy, but they shouldn't be easy.
Why does the US economy rely so heavily on chips manufactured in Taiwan, and on components, products, and services provided by China?
The difference between the US and China is that China understands that carrier strike groups are not the modern definition of hegemony.
https://www.semiconductors.org/chips/
China's attempts at hegemony have largely consisted of making loans on bad terms to corrupt developing countries and then trying to foreclose when they don't pay. This has not worked.
1. https://en.wikipedia.org/wiki/Coalition_of_the_willing_(Iraq...
If anyone feels sure they know what the next several years has in store regarding Iran they are just demonstrating their own ignorance. I’d expect more people here to be cognisant of the Dunning Kruger effect.
But I’m pretty sure that any imaginable outcome of this war will be bad for the US, at a time where they are withdrawing from global politics to concentrate on national politics.
IMO worst case this will lead to a massive civil war in the US and best case to a devaluation of US military might (aka their army will be less respected/feared). Or anything in between.
We can revisit this comment in a couple years and laugh about how wrong i was though