Not sure if that is hyperbole. But I disagree vehemently. Is it moving toward dystopia? Yes. Is it a dictatorship, not yet. Although the events of the last few days sure are evidence towards that.
USA does not own half the world. China does, almost literally. The US has much influence yes, part is because folks want the cash part because we defend them with our military.
If anything we owe so much money everyone else owns the US.
The regime is by no means untouchable. They fear the crap out of losing elections still. The establishment has lost control of the narrative and folks are seeing the truth. Which is why they are now pushing as hard and fast as they can. The jig is up.
So now it is a footrace, truth vs. delusional lies.