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We are going to seem to be on top, on the surface, long after we Have lost that position in actual practice. Right now we are escalating the debt to extreme le
by Nevermark 7y ago
We are going to seem to be on top, on the surface, long after we Have lost that position in actual practice.
Right now we are escalating the debt to extreme levels during the longest economic expansion in US history. I.e. we seem to be planning to bankrupt ourselves.
In the meantime, trade differences and trade wars are complex, but the net effect of the tensions with China is it is adapting away from any dependency from us, while are allies are of little help because we dropped our agreements with them.
In the meantime, the US has been falling down the country lists for health, longevity, and education for some time.
And our recent deference to authoritarian regimes over democratic allies is eroding our political power.
The US is undergoing a steep decline and a turnaround in the current divisive hyper-polarized political climate seems very unlikely.
The decline is being accelerated by the current political climate.