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I think they are gambling on a pre-emptive strike before the Global South catches up. That's why they are folding Europe into full subservience and pushing away ties with the PRC and RF. There isn't a real winning strategy unless you reindustrialize.
They would simply never do this. Who in the US could possibly discipline capital enough to force them back to US production in a meaningful way? So yeah, no winning strategy for empire.
I would also say that BRICS has already caught up to the US. It's most of the world's population (or close to it) and the vast majority of industrial production.
Never said it would happen, of course. Empire has no way out of the hole it dug, their window of opportunity is slipping like sand through their fingers.