4 ms·

Ironically, I've heard some flavors of "US is going to fall over", for at least the last 40 or so years. If you're not going to pay attention to current events

Ironically, I've heard some flavors of "US is going to fall over", for at least the last 40 or so years. If you're not going to pay attention to current events, you should at least see what the smart money is doing. And right now, the smart money is climbing over each other to get out of China.

Dalewyn 3y ago
And China gives precisely zero fucks. The economic sanctions driving some western monies out are only giving China more reason to become self-sufficient, which they are rapidly achieving. Evergrande went bankrupt? So? They're still kicking our ass like it's just Tuesday. The west is in a lose-lose situation. Sanction China and they give no fucks and proceed to give even less fucks, if that's even possible, on the next round of sanctions. Cooperate with (read: sell out even harder to) China and they will eat us raw before selling the excrement back to us. Be so fucking stupid as to wage war and we violate the Age Old Rule(tm) of Never Fight a Land War in Asia; which we will lose by the way, the US hasn't won a single war in modern history despite being the most powerful military force ever known to mankind. The fact we're even here discussing the eventuality of China overtaking America economically speaks for itself. Whether China will overtake and become #1 isn't being questioned, the question is simply when they will overtake. Could be in 5 years, or 10 years, or 20 years, or 50 years, but it's happening.
- refurb 3y ago
  > They're still kicking our ass like it's just Tuesday. Have you not be keeping track of how the Chinese economy is doing? A hair over 5% growth the next 2 years. That's terrible for a developing economy - not quite half of what their target is. Foreign investment is fleeing. The real estate market is undermining the economy. Fear of deflation. Then layer on the demographics issues and China has a major problem. There is a very real possibility they get stuck in the middle income trap like so many countries before them. In no possible way are they still "kicking our ass".
- otteromkram 3y ago
  > [...] the US hasn't won a single war in modern history [...] This summary would beg to differ: https://en.m.wikipedia.org/wiki/List_of_wars_involving_the_United_States https://en.m.wikipedia.org/wiki/List_of_wars_involving_the_U...

Dalewyn 3y ago

And China gives precisely zero fucks. The economic sanctions driving some western monies out are only giving China more reason to become self-sufficient, which they are rapidly achieving. Evergrande went bankrupt? So? They're still kicking our ass like it's just Tuesday. The west is in a lose-lose situation. Sanction China and they give no fucks and proceed to give even less fucks, if that's even possible, on the next round of sanctions. Cooperate with (read: sell out even harder to) China and they will eat us raw before selling the excrement back to us. Be so fucking stupid as to wage war and we violate the Age Old Rule(tm) of Never Fight a Land War in Asia; which we will lose by the way, the US hasn't won a single war in modern history despite being the most powerful military force ever known to mankind. The fact we're even here discussing the eventuality of China overtaking America economically speaks for itself. Whether China will overtake and become #1 isn't being questioned, the question is simply when they will overtake. Could be in 5 years, or 10 years, or 20 years, or 50 years, but it's happening.

refurb 3y ago
> They're still kicking our ass like it's just Tuesday. Have you not be keeping track of how the Chinese economy is doing? A hair over 5% growth the next 2 years. That's terrible for a developing economy - not quite half of what their target is. Foreign investment is fleeing. The real estate market is undermining the economy. Fear of deflation. Then layer on the demographics issues and China has a major problem. There is a very real possibility they get stuck in the middle income trap like so many countries before them. In no possible way are they still "kicking our ass".
otteromkram 3y ago
> [...] the US hasn't won a single war in modern history [...] This summary would beg to differ: https://en.m.wikipedia.org/wiki/List_of_wars_involving_the_United_States https://en.m.wikipedia.org/wiki/List_of_wars_involving_the_U...