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Admit it. Time to hand the torch to China. Our leaders have sold us out when Biden and Clinton pushed for China to be in the WTO.
Since then, it has only taken 20 years to degrade our country. They shipped our manufacturing jobs to China and make us a hollowed out non-producing economy based off a service industry.
We had our run and its time to have them lead.
Our country is aged, broke, and the dollar is fading into history. China has already begun the steps in Africa, Europe, and Asia to lead the way.
American greed , globalism, and covid put the nail in the coffin. Lets face it... no sanctions will stop China. Our military might be great and all ... but a military needs a economy to fund it.
Im just not seeing it and I see this decade as the final years we have as a leader in the world.
Imagine we collect 3 trillion in taxes but spend almost 3x that amount every year... The amount of money printed last year is greater than the last 200 years. The debt spend last year is greater than all the years prior.
This cant continue forever, its pretty sad. We are reckless and do not deserve to be the world reserve currency. However, the fate our greedy politicians have laid out for us will be our day of reckoning .
After WWII America had virtually every advantage. Unlike Germany, Japan, England and a number of other countries, the war did not damage America's infrastructure, and there were plenty of natural resources. That paid off big for the next 10 or 15 years. Then war-damage nations started healing from the war. Other nations are now on equal footing. We had a head start. Now the pack has caught up.
After WWII America had virtually every advantage. Unlike Germany, Japan, England and a number of other countries, the war did not damage America's infrastructure, and there were plenty of natural resources. That paid off big for the next 10 or 15 years. Then war-damage nations started healing from the war. Other nations are now on equal footing. We had a head start. Now the pack has caught up.
Now compare that to COVID. Nearly every western country shut down their economy. Who was open ?? China was... now they are steamrolling to the top just like the US did after WWII
Now compare that to COVID. Nearly every western country shut down their economy. Who was open ?? China was... now they are steamrolling to the top just like the US did after WWII
What do you mean, China was opened? China shutdown entirely for several months. Full lockdown.
What do you mean, China was opened? China shutdown entirely for several months. Full lockdown.
That heavy a central mandate just won't work in a freer and more democratic country. And an example why a totalitarian regime can sometimes be more efficient and successful.
We should be fighting tooth and nail to be as relevant as possible.
What should we be doing that we aren't already?
Quote:
Originally Posted by Brave New World
The Western world and many democratic pacific nations are increasingly working together to counter Chinese power both economically and militarily.
Nations are ruled by money, not ideologies. The Pacific nations will do what is in their economic self-interests, and China can offer a lot more than the United States.
Quote:
Originally Posted by Jimmyp25
They will choke us off, and we wont be able to fund the military.
Are you referring to our domestic military or our hundreds of foreign military bases and interventionist foreign-policy?
Quote:
Originally Posted by jetgraphics
You all got it wrong. It has been and shall be the "BANKERS' CENTURY" regardless of which country appears to have the most production.
Rofl, true. But that doesn't mean that where the bankers are located is inconsequential.
Quote:
Originally Posted by GalileoSmith
Other nations are now on equal footing. We had a head start. Now the pack has caught up.
The relative strength of "The West" is waning every day. The vast majority of the world's population does not live in Western countries, and they have absolutely zero loyalty to the west(if not hatred of it).
Latin-America has twice the population of the United States. India is 25x the size of Britain. And half the world's population lives in East Asia alone. Moreover, Africa and the Middle-East have the highest fertility-rates in the world, and millions of them immigrate to the West every year.
its simply a numbers game china has many more people so as they improve efficiency they will gain power....
the dollar is backed by the US military hence its tremendous cost...politicians are never honest and explain this to the people..its the ONLY reason to "waste" so much on weapons..
Churchill told FDR that the US was now the world leader...the English people took a few decades to relinquish the thought of global leader
one of the western powers did not think China should be included in the fraternity of global powers...time have changed
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