Who do we expect will replace Americas global leadership and will they really be better for everyone?
No one, we don't need a leader. We need decentralised governance.
Surely the crash of the US economy has to be soon
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Re: Surely the crash of the US economy has to be soon
#12Who do we expect will replace Americas global leadership and will they really be better for everyone?
The US is resigning the position intentionally. It's not as if someone is gearing up to replace it.
But as a trade partner? China, markets love reliability and stability. Not every 4 years wondering if there will be another trade war for reasons unknown.
You'd be very surprised the amount of malicious behavior countries will ignore to allow trade. Look at Saudi Arabia.
Re: Surely the crash of the US economy has to be soon
#13Who do we expect will replace Americas global leadership and will they really be better for everyone?
China seems to be the only candidate. But whatever happens it won’t be in the same way as before.
As for whether it is better for everyone, that question became a lot harder in just the last year. Who is «everyone»? And what do we mean by «better»?
With the US wanting to annex territory from its NATO allies, and engaging in extortionate tariffs, it is harder to argue that the US is good for Europe. Which is why Europe has already started to look eastward. Starting with a comprehensive trade deal with India.
What’s happening is good for Russia and China. Not so much for the rest of the world.
Re: Surely the crash of the US economy has to be soon
#14Earlier quoted context omitted.
China probably. No I don't think it is better but at least their leadership is actually sane. Evil, but sane and predictable.
Even the evil adjective starts to look debatable in contrast to what current hegemony is doing on its way down. Apparently their worst offence so far was calmly outgrowing and out competing their peers while benefiting global consumers with he fruits of organized labor of their own society.
I'm particularly annoyed that the US is for the people of Iran and not, like China, for the government of Iran. And the US putting secondary sanctions on Russian oil to starve Putin from Chinese and Indian oil revenues? Disgusting.
Re: Surely the crash of the US economy has to be soon
#15I'm kinda new into economy crashes, was a kid in 2008, is there a way to protect of it?
Gold and silver mining stocks. And International ETF funds. It looks like the United States will be going through the depression alone.
Re: Surely the crash of the US economy has to be soon
#16> This is the 11th time that tariffs have happened, and it just isn’t surprising anymore. There are tariffs everywhere, all the time. Canada just dramatically cut its 90% (or something) tariff on Chinese cars. Tariffs haven't just started happening because someone you don't like did them.
Yes but tariffs were a long-term strategic tool. Not a bullying tactic for someone who woke up the wrong way.
Re: Surely the crash of the US economy has to be soon
#17Some sort of an AI crash / bubble bursting is expected to be honest - now if that will take the rest of the US economy as well.... debatable. Any strong opinions on this?
Yes, the concentration of wealth led to the AI boom and it’s going to lead to the crash for sure. The AI boom was nothing but a crypto bubble. And since it’s making up a large majority of the investment right now I would say that’s the only reason that we didn’t have a crash last year.
Re: Surely the crash of the US economy has to be soon
#18This is really obscured by the K-shaped growth, dual economy now. We've reached a stable pattern of a deep underclass serving the wealthy. We won't have a crash or "correction" because the entrenched top 5% has figured out a way extract value from everyone else indefinitely.
Re: Surely the crash of the US economy has to be soon
#19Where it's gonna crash to? Where is going the capital move to when everythings going up? (except crypto apparently)
Re: Surely the crash of the US economy has to be soon
#20Earlier quoted context omitted.
China probably. No I don't think it is better but at least their leadership is actually sane. Evil, but sane and predictable.
Even the evil adjective starts to look debatable in contrast to what current hegemony is doing on its way down. Apparently their worst offence so far was calmly outgrowing and out competing their peers while benefiting global consumers with he fruits of organized labor of their own society.
I was referring more to the millions of Uyghurs in political prisons and their overreaching surveillance of the population.
And I was just speaking of what I think about China, not saying the current US administration is any better. I don't think it will be there forever though.