"The Iraq War, launched in 2003 – resulting in over 100,000 deaths" Isn't this an extreme low-ball estimate?
Thomas Piketty: 'The reality is the US is losing control of the world'
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Re: Thomas Piketty: 'The reality is the US is losing control of the world'
#52Largely the US isn't losing control, it's giving it up willingly. For what reason, no one knows yet.
I think the US is giving up control willingly and turning more isolationist. It has been building for some time but I do not thing it is forced. It is a deliberate policy shift turning away from trying to control and police the world. America is pushed in and on to other countries and societies that a retraction might be the best thing
Re: Thomas Piketty: 'The reality is the US is losing control of the world'
#53There's a very real chance the USA will get lucky and find a new means of economic domination through its AI companies and the looming space build-out. Its self-destructiveness right now, flouting longstanding alliances and truckling to its enemies, would ruin it in any other moment in its history. But in these unusual circumstances, it might not matter.
Nah, AI is a massive money pit, and Starship has proven to be a dead end. The real tech revolutions of the moment are in energy production and storage and health care advances like mRNA and GLP-1. The US is actively self-sabotaging on both energy and health care at the moment.
Re: Thomas Piketty: 'The reality is the US is losing control of the world'
#54Lol, the US deficits are what sustains the production of demand stricken surplus economies. Everything that has happened is the ultimate result of surplus countries doubling down on mercantalist investment than growing internal consumption. If a rebalancing were to occur, it is the surplus countries hit with mass unemployment that will hurt much more than deficit countries that can move production back at a much quic…
Re: Thomas Piketty: 'The reality is the US is losing control of the world'
#55Americans cant have their cake and eat it too. The allies are quietly leaving the room and forming alliances without Americans.
Re: Thomas Piketty: 'The reality is the US is losing control of the world'
#56Thank god. I don't understand how we, as in humanity, allow a single country to be "world police". Seriously, no one asked for it.
Re: Thomas Piketty: 'The reality is the US is losing control of the world'
#57Largely the US isn't losing control, it's giving it up willingly. For what reason, no one knows yet.
The Europeans want it both ways: they want the US to pay for and be responsible for policing the world, but to do it the way the Europeans want with them free to criticize the US and act morally superior the whole time. This act has become utterly tiresome.
Re: Thomas Piketty: 'The reality is the US is losing control of the world'
#58Earlier quoted context omitted.
I think the US is giving up control willingly and turning more isolationist. It has been building for some time but I do not thing it is forced. It is a deliberate policy shift turning away from trying to control and police the world. America is pushed in and on to other countries and societies that a retraction might be the best thing
I don't believe it's trying to give up control, the current US administration don't want to be the world police but still wants the control given by being the world police, both can't exist at the same time and some sort of reckoning will happen.
Mind you, another consequence of the regime is that nobody knows what's real and what's keyfabe any more. They were also threatening to invade Canada, lost a colossal amount of goodwill as a result, and got bored and moved on.
Re: Thomas Piketty: 'The reality is the US is losing control of the world'
#59Re: Thomas Piketty: 'The reality is the US is losing control of the world'
#60Lol, the US deficits are what sustains the production of demand stricken surplus economies. Everything that has happened is the ultimate result of surplus countries doubling down on mercantalist investment than growing internal consumption. If a rebalancing were to occur, it is the surplus countries hit with mass unemployment that will hurt much more than deficit countries that can move production back at a much quic…
Why assume rebalancing is mainly a demand problem but not a (slow) supply-constrained adjustment driven by demographics, capital stickiness, and institutional limits (in deficit countries)?