Yep, the Indians are laughing their hats off as prosperity is being thrown in their laps (listen to their foreign minister), the Chinese agree https://www.globaltimes.cn/page/202301/1283655.shtml and as a European, sadly, I too share your view.

A rather uncomfortable future perspective if you happen to be living here. It's why we in Europe should radically loosen our trans-Atlantic ties and focus on a Eurasian future.

Decades ago former French president De Gaulle already warned Europe about the negative influence of the US and its dollar hegemony. Painfully well worth rereading> https://scholarship.law.columbia.edu/cgi/viewcontent.cgi?article=3545&context=faculty_scholarship

It's why the US tried to help assassinate him.