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The US has a decent shot at continuing to do well but not for this reason. The American continent has in fact many examples of geographically blessed countries,
by Barrin92 3y ago
The US has a decent shot at continuing to do well but not for this reason. The American continent has in fact many examples of geographically blessed countries, Argentina and Brazil first and foremost, the former once one of the ten richest nations on earth.
In fact all of Latin America is incredibly blessed, yet look at Venezuela. Despite what's actually surprising geopolitical calm in the region, there's disastrous outcomes abound.
It's one of the important lessons from Why Nation's fail. You can walk from an American town into a Mexican town 50 miles apart, people with the same families, same geography etc. But one side is ten times as wealthy. The US is not doing well because of some geographic determinism but because of institutions whose existence is not god given but contingent on making correct choices.
- Supermancho 3y ago> The US is not doing well because of some geographic determinism Correct. Why the US is doing well (for some value of well), is not what I was referring to. The issue under discussion was the breakdown of globalism, and the effect on the US. The US navies will stop patrolling international waters to protect all popular shipping lanes, over the next decade. The US presence in the oceans will be reduced, drastically. There's a couple reasons for this. The US just doesn't care enough to guard the oil sea thoroughfares anymore, which covers half the globe's oceans. Second, the demographics of most countries has created an age bubble that will cause consumerism to drop off a cliff, making the other half of the world's oceans (around southeast asian countries) less attractive to patrol. Third, the Navy continues to decommission ships faster than it builds them. If you work for a retail-based business/corp, inflation is only part of the spending decline.