Andrew Marshall Gavin explains in a very interesting and must read analysis of the road to WWIII
"The American Empire is in decline, and is utterly bankrupt; however, its elites, which are in fact more global than national in their ideology and orientation, are seeking to not simply have American power disappear, or be replaced with Chinese power, but rather to use American power to construct the apparatus of a new global structure of authority, and that the American Empire will simply fade into a global structure. This is a delicate balancing act for the global elite, and requires integrating China and the other dominant powers within this system. It also inherently implies the ultimate domination of the ‘global south’ (Africa, Latin America, and parts of Asia). This is an entirely new process being undertaken. Empires have risen and fallen throughout all of human history. This time, the fall of the American Empire is taking place within the context of the rise of a totally new kind of power: global in scope, structure and authority. This will no doubt be one of the defining geopolitical events of the next several decades...."