Your reply was fine until you edited in that "woke" nonsense to try to make yourself sound clever.
It might just be that YOY growth without a rolling average is always going swing wildly when a country has a lot of negative news cycles in a year and then goes relatively quiet.
The US has been looking pretty bad, pretty consistently, for a long time now.
I don't care about sounding clever mate, especially not to internet strangers. The more obvious answer to me is the wealth of the globe has increased YoY as well, mainly thanks to capitalism, so America isn't the primary destination for opportunity anymore, which is a good thing.
It might just be that YOY growth without a rolling average is always going swing wildly when a country has a lot of negative news cycles in a year and then goes relatively quiet.
The US has been looking pretty bad, pretty consistently, for a long time now.