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I think there's more to a 'dying empire' than losing territory or capability. The US is more politically polarized today, the National Debt is at 31 T, we're cu

I think there's more to a 'dying empire' than losing territory or capability. The US is more politically polarized today, the National Debt is at 31 T, we're currently in a recession with no signs of easing, and China is making waves around the world - the culmination is daunting. I worry for the future.

mlindner 4y ago
China is facing a debt crisis that makes the US debt look like nothing along with a very rapidly aging population, one of the fastest aging in the world, despite not having reached the level of development of similarly aged populations. China's population likely has already started to decline. We don't need to worry about China, they'll handle ending themselves themselves.
- 4RealFreedom 4y ago
  I really hope so. They've been making inroads throughout the world. If there's one thing I've learned it's never underestimate the CCP.
snowwrestler 4y ago
The U.S. is less politically polarized than either the late 1960s or (especially) the 1860s. The national debt is far lower, as a percentage of GDP, than in the 1950s. U.S. GDP grew at 3.2% annualized rate in the most recent quarter, negating fears of a recession. When I worry for the future of the U.S., it is mostly because I see so many Americans willing to confidently assert untrue things.
- 4RealFreedom 4y ago
  We can argue all day about polarization but it's very apparent. We had 2 straight quarters of negative gdp growth and 2023 isn't looking good. I hope you're right and things look up. The last part of your comment is completely unacceptable. You're calling me a fear monger in so many words. Great way to make intelligent conversation.
kasey_junk 4y ago
The US gdp grew in q3 more than it lost the previous 2 quarters and while the numbers aren’t out yet it likely will grow in q4. On the whole 2022 will go down as a positive gdp year so if there was a recession it was a very light one and it’s over already.
- 4RealFreedom 4y ago
  The forecast for 2023 isn't looking good but I hope you're right.
  - kasey_junk 4y ago
    Current consensus is putting gdp at a low growth (0.5%) for 2023. Not a great economic outlook but certainly a lot better than 2020.
deleted 4y ago
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mlindner 4y ago

China is facing a debt crisis that makes the US debt look like nothing along with a very rapidly aging population, one of the fastest aging in the world, despite not having reached the level of development of similarly aged populations. China's population likely has already started to decline. We don't need to worry about China, they'll handle ending themselves themselves.

4RealFreedom 4y ago
I really hope so. They've been making inroads throughout the world. If there's one thing I've learned it's never underestimate the CCP.

snowwrestler 4y ago

The U.S. is less politically polarized than either the late 1960s or (especially) the 1860s. The national debt is far lower, as a percentage of GDP, than in the 1950s. U.S. GDP grew at 3.2% annualized rate in the most recent quarter, negating fears of a recession. When I worry for the future of the U.S., it is mostly because I see so many Americans willing to confidently assert untrue things.

4RealFreedom 4y ago
We can argue all day about polarization but it's very apparent. We had 2 straight quarters of negative gdp growth and 2023 isn't looking good. I hope you're right and things look up. The last part of your comment is completely unacceptable. You're calling me a fear monger in so many words. Great way to make intelligent conversation.

kasey_junk 4y ago

The US gdp grew in q3 more than it lost the previous 2 quarters and while the numbers aren’t out yet it likely will grow in q4. On the whole 2022 will go down as a positive gdp year so if there was a recession it was a very light one and it’s over already.

4RealFreedom 4y ago
The forecast for 2023 isn't looking good but I hope you're right.
- kasey_junk 4y ago
  Current consensus is putting gdp at a low growth (0.5%) for 2023. Not a great economic outlook but certainly a lot better than 2020.

deleted 4y ago

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