Which, weirdly, may end up working in the world’s favour this time.
The US spends vastly more on military force than anyone else, but it probably gets the lowest bang-per-dollar ratio of any military as well. A huge amount of that money goes to enriching Lockheed Martin et al rather than actually enhancing military effectiveness.
So, the US military is less effective than a purely financial comparison would imply. In contrast, the Chinese military is probably substantially more effective than the publicly released information suggests; they aren’t pissing their money away on useless junk like the F-22 and F-35.
Given that China is the only plausible source of effective resistance to an aggressive Trump/Putin alliance, hooray for the PLA. They may be required to reprise the Red Army’s role of seventy years ago.