Blain’s Morning Porridge Nov, 24th 2025 – The end of the American Age – what will follow?

The end of the American Age – what will follow? “Let me die in the uniform in which I fought my battles for freedom, may God forgive me for putting on another.” The end of the exceptional American Century is happening faster than we think. America is dispensing with friends and allies, and American Tech leadership is no longer unquestioned. It spells rising instability and threats. Defence has never been more critical as Europe seeks to define its future.Sometime in the next few years markets will be forced to make a fundamental reassessment of macro-market themes based what will follow the American age. History shows Empires rotate on a 2K cycle – every 100-120 years or – often accompanied by conflict. What comes next will literally change everything – and it will require market participants to be prepared and be nimbleand swift. History shows all Empires rise, mature and are replaced by the next one – it’s inevitable economic evolution. The American age has been exceptional. We’ve seen incredible technological advances, rising health and prosperity, enabled by an explosion of global trade – but now it’s in its end-phase. The world’s population has quadrupled from 2 billion in 1925 to 8 billion today, as advances in medicine, agriculture, andresources became readily available. The last 80-years have seen a relatively more peaceful and stable world avoiding mass conflict of the scale that previously decimated populations.