I agree with your points about how the USA used to be viewed globally, and that the predominant feeling is disappointment (or in my case, sadness).

However, your characterisation of European countries as “shitty” is unfair IMO. I’m reminded of the saying “Democracy is the worst form of government, except for all those other ones). Europe is FAR from perfect, but the long arc of history factors large in their politics and humanistic predilections (relative to other countries that is). They have living memory to just how devastating divisions on the continent can be. So yes, the EU may be the shittiest form of government... except for all those other ones (acknowledging that this paraphrase only makes sense if your values are similar).

Sorry, I should have written it more clearly. What I ment by a "shitty European country" was in the context of pre-democracy, something like fast developing country that sees lots of advancement in science and technology but the population suffers greatly due to inequalities and lack of rights or regulations against unfair labor practices. This used to be the case of UK for example. It's also the case for many developing countries today.