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I understand the issues the US has but there are big difference here that you just cannot ignore. To give China preference in trade is to accept all that China

I understand the issues the US has but there are big difference here that you just cannot ignore. To give China preference in trade is to accept all that China is doing and will do. What would it take to say, no. From Hong Kong to treatment Uighurs and their threat towards Taiwan. The world as a whole needs to step back from trade with China as a whole. As for NATO , the EU has long has the technical means to do away with the need but they don't want to pay for it. How much do you value your security? Getting rid of NATO would be the first step in probably forcing the American government rethink its military spending; sadly the percentage of the US budget going there decreases by small percentages overall letting politicians on both sides claim they have reduced spending. Even halving the US defense budget won't solve the US deficit issues.

hajile 6y ago
> sadly the percentage of the US budget going there decreases by small percentages overall letting politicians on both sides claim they have reduced spending. Even halving the US defense budget won't solve the US deficit issues. I think more US citizens should understand this. Even if the ENTIRE military budget were eliminated, the budget wouldn't put the US in the black. In fact, eliminating EVERYTHING except benefits programs still wouldn't balance the budget. Millennial shouldn't forget that social security issues start in 2037 with a reduction to 76% of their current payout and it rapidly declines from there [0]. The only social program likely to work is the one you personally setup around yourself and save for right now. [0] https://www.ssa.gov/policy/docs/ssb/v70n3/v70n3p111.html https://www.ssa.gov/policy/docs/ssb/v70n3/v70n3p111.html
- codr7 6y ago
  A friend of mine is buying gold. It's a mystery to me how you can sort of see that it's all going down the drain but still insist on believing that you'll be able to sail through it by careful planning. We're all in the same boat here, and it's sinking fast. It doesn't take much of a disaster for money (and gold) to become completely worthless.
  - burntoutfire 6y ago
    Was there ever a time in history (let's say, in the past 2000 years) when gold was worthless though? Barring from super specific events, like trying to escape from a sinking Titanic etc.
    - willvarfar 6y ago
      Just going off on a tangent, but Vikings seemed to prefer silver to gold. It’s hard to entangle cause and effect and silver mining in the Middle East around that time, though.
    - yazaddaruvala 6y ago
      Its not that gold is worthless, but it might be worth significantly less for you. A sovereign nation could institute a recall of gold devaluing the commodity[1]. A different sovereign nation could invade and take the gold by force. Both of which have precedent in the last 100 years. Ofcourse if you only read history from the perspective of the winners, gold is always a good long term investment. [1] https://en.wikipedia.org/wiki/Executive_Order_6102 https://en.wikipedia.org/wiki/Executive_Order_6102
      - burntoutfire 6y ago
        The great thing about gold is that it's easy to hide. From what I'm reading about the EO6102, most people just didn't obey it and kept the gold.
    - deleted 6y ago
      [deleted]

hajile 6y ago

> sadly the percentage of the US budget going there decreases by small percentages overall letting politicians on both sides claim they have reduced spending. Even halving the US defense budget won't solve the US deficit issues. I think more US citizens should understand this. Even if the ENTIRE military budget were eliminated, the budget wouldn't put the US in the black. In fact, eliminating EVERYTHING except benefits programs still wouldn't balance the budget. Millennial shouldn't forget that social security issues start in 2037 with a reduction to 76% of their current payout and it rapidly declines from there [0]. The only social program likely to work is the one you personally setup around yourself and save for right now. [0] https://www.ssa.gov/policy/docs/ssb/v70n3/v70n3p111.html https://www.ssa.gov/policy/docs/ssb/v70n3/v70n3p111.html

codr7 6y ago
A friend of mine is buying gold. It's a mystery to me how you can sort of see that it's all going down the drain but still insist on believing that you'll be able to sail through it by careful planning. We're all in the same boat here, and it's sinking fast. It doesn't take much of a disaster for money (and gold) to become completely worthless.
- burntoutfire 6y ago
  Was there ever a time in history (let's say, in the past 2000 years) when gold was worthless though? Barring from super specific events, like trying to escape from a sinking Titanic etc.
  - willvarfar 6y ago
    Just going off on a tangent, but Vikings seemed to prefer silver to gold. It’s hard to entangle cause and effect and silver mining in the Middle East around that time, though.
  - yazaddaruvala 6y ago
    Its not that gold is worthless, but it might be worth significantly less for you. A sovereign nation could institute a recall of gold devaluing the commodity[1]. A different sovereign nation could invade and take the gold by force. Both of which have precedent in the last 100 years. Ofcourse if you only read history from the perspective of the winners, gold is always a good long term investment. [1] https://en.wikipedia.org/wiki/Executive_Order_6102 https://en.wikipedia.org/wiki/Executive_Order_6102
    - burntoutfire 6y ago
      The great thing about gold is that it's easy to hide. From what I'm reading about the EO6102, most people just didn't obey it and kept the gold.
  - deleted 6y ago
    [deleted]