4 ms·
People predicting doom and gloom due to debt have been wrong for decades. 2012 was the last big hoopla around this I remember. What is however true is that the
by nxmnxm99 4y ago
People predicting doom and gloom due to debt have been wrong for decades. 2012 was the last big hoopla around this I remember.
What is however true is that the end of several hundred years of Western dominance now comes to a close as the East regains supremacy
The average American hadn’t internalized what this means yet
- qgin 4y agoI'm pretty sure the average American will be dead long before any of this meaningfully affects their lives in a concrete way.
- c_o_n_v_e_x 4y agoEmpty American grocery store shelves is a leading indicator
- qgin 4y agoWhy would grocery store shelves be empty if China becomes more dominant? Most non-dominant countries still have stocked shelves.
- nxmnxm99 4y agoI think you underestimate how quickly the world can change. You have lived a US-centric life where all of popular, social & political culture has been dominated by progressive, liberal & Western ideas. Your way of thinking has been seen as the gold standard - not that of, say, the average citizen of the Phillipines of Kashmir. Over the next 10-20 years, that is going to radically shift towards China - a collectivist culture with a set of values diametrically opposed to the social norms you're used to. You don't think you're going to feel a seismic global cultural shift away from the value system you grew up with?
- qgin 4y agoIt’s true I am rating a seismic shift in US culture within 10-20 years to be pretty unlikely.