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> The economy is stabilizing. It's being weaned off of ultra-loose money for the first time in years. You might enjoy reading "Principles for Dealing with the
by gwbas1c 4y ago
> The economy is stabilizing. It's being weaned off of ultra-loose money for the first time in years.
You might enjoy reading "Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail", https://www.amazon.com/Changing-World-Order-Nations-Succeed-ebook/dp/B0881Y73YG/ref=sr_1_1?keywords=the+changing+world+order&qid=1664484094&qu=eyJxc2MiOiIxLjc5IiwicXNhIjoiMS4yNiIsInFzcCI6IjEuNDgifQ%3D%3D&sr=8-1 https://www.amazon.com/Changing-World-Order-Nations-Succeed-... (The author is Ray Dalio, one of the US's best institutional investors.)
The big question is, when are we going to hit bottom? We need to make it through the Ukraine and Taiwan situations before things really bounce back.
- UncleOxidant 4y ago> and Taiwan situations Let's hope we don't get a Taiwan situation on top of all of the other stuff that's going on. That way lies WWIII.
- ethbr0 4y agoI expect that's the real reason for the US and Europe's "all-in" hardline over Ukraine: signalling to China about Taiwan. Because pursuing a similar strategy with China would be substantially more expensive, in terms of treasure and blood, for both sides. But the critical date there seems to be 2030-2035 based on military preparations.
- dougmwne 4y agoAbsolutely. The entire thing is absolutely about China. Russia is a broken country that would have no significance beyond its hydrocarbons and nukes. China is an economic superpower and growing world power. Very soon it could replace the US as the primary driver of globalism. If the west had shown itself as disunited, it would have been time for China to take center stage in world affairs for the next hundred years. Instead it will wait for another generation.
- eloff 4y agoChina doesn't have another generation. They'll be going into a very stark population collapse that's worse than what Japan is experiencing now, where adult diapers outsell baby diapers. I expect that China's economy and influence will take the shape of an upside-down U, with the peak in the next decade. If they're going to move on Taiwan, they cannot wait forever. They came close to catching up the US, but I don't think they will achieve it.
- mvuksano 4y agoIs there any other country that ever showed anything other then upside-down U in terms of economy strength and influence. To best of my knowledge every country, empire or society rises and eventually falls. Probably the best known example is Roman empire but every other society I can think of exhibits same pattern.
- gwbas1c 4y agoThat's one of the core points of https://www.amazon.com/Changing-World-Order-Nations-Succeed-ebook/dp/B0881Y73YG/ref=sr_1_1?keywords=the+changing+world+order&qid=1664484094&qu=eyJxc2MiOiIxLjc5IiwicXNhIjoiMS4yNiIsInFzcCI6IjEuNDgifQ%3D%3D&sr=8-1 https://www.amazon.com/Changing-World-Order-Nations-Succeed-...
- kiba 4y agoRecorded history is only a few thousand years, and things changed significantly, especially in the modern era. Don't be so sure that everything follows the patterns of the past. But, we best not remain complacent.
- eloff 4y agoHah, good point! In the case of China they're likely to peak soon. The USA might peak much later still. The Roman empire lasted over 1000 years. I have my doubts the US can go the distance, but let's see.
- 4y ago
- dirtyid 4y agoThat may very well be the intent, but it seems to be backfiring. Go look at this very recent German Marshal Fund survey polling atlanticist countries with section on PRC invasion of TW. https://www.gmfus.org/news/transatlantic-trends-2022 https://www.gmfus.org/news/transatlantic-trends-2022 TLDR: negligible (average 4%) consider sending arms and even less (average 2%) consider sending troops. As if delivering either is possible to an island within overwhelming PRC military advantage. US highest at 8%, which is hilariously low given White House deterrence efforts. 32% considers joint sanctions. 35% only diplomatic efforts to end conflict. 12% do nothing. PRC is looking at these numbers and rubbing hands with glee. Also consider UKR/RU conflict is already putting EU competitiveness into the shits with trend likely to continue. Pre-war PRC was worried about EU acting as potential spoiler via US coordination, but now EU is so weak that they're even more geopolitically irrelevant. Meanwhile PRC gets dependable energy partner in RU and increased influence in central Asia / MENA / global south who sees the hypocrisy in western response when a western country is attacked. India is even more reticent about militarizing QUAD. JP economy is going to shits, even if they wanted to increase military spending, they likely can not afford to. Also notice youth are substantially less PRC. In 2030+ time frame, we're like to going to see extremely war wearing societies with polity shifting less anti-PRC at all cost, digging out of economic cesspit who will have even less appetite to sanction a much larger trading partner like PRC. These signalling are having less and less impact coming as EU weakens. As for US, PRC factored in US intervention in TW scenario anyway. It's not deterred but building up massive nuclear arsenal to follow RU's nuclear coercion strategy.
- caskstrength 4y ago> US and Europe's "all-in" hardline over Ukraine If you look past their big talks of outrage in news media and critically asses the actual amount of military equipment given to Ukraine, you will see that it is nowhere close to any kind of "all-in", hardline or not. They are still refusing to provide even modern main battle tanks FFS.
- ethbr0 4y agoThey wouldn't receive offensive arms, until they did. They wouldn't receive HIMARS, until they did. They wouldn't receive fighter aircraft, until they did. The only red lines on material escalation seem to be around ATACMS. I'd expect MBTs and A-10s by next spring, with training over winter.
- caskstrength 4y agoSo you are saying that they are not even close to being all-in but may still do it some time in the future? Okay then.
- ethbr0 4y agoEscalation is a process, not a single act.
- Bombthecat 4y agoIt already looks like we are heading into ww3 with the destruction of NS pipes...
- thecoppinger 4y agoSeconding this, I’m reading the book at the moment and it’s an exceptional insight into the near and long term future. It’s also terrifying.