Do people even understand what that means? No, they don't. And they don't want to understand. Just look at how indifferent many are about what is happening on the other side of the planet. If offered an exclusive choice between a 50% reduction in gasoline prices and the complete cessation of all authoritarian and totalitarian regimes without prolonged wars and massive devastation, many would choose the first option. Instead of the cessation of authoritarian regimes, you can point to solving any other global issue like climate change - and they would still choose the first option. This utter indifference, mixed with all sorts of absurd destructive beliefs such as conspiracy theories or racial superiority, provides very fertile ground for the establishment of authoritarianism.
A second Trump term really is an extinction-level threat to democracy worldwide, not just in United States. Considering that Trump and his supporters promise an isolationist policy, all sorts of predatory authoritarian and totalitarian regimes will suddenly feel like they can do anything - and this will start happening all over the world.