It was not unexpected. Most big powers in history end like that. The rich always want more and eventually start taking it from everybody else, even if it’s detrimental to the future if they nation.
Comment on US Trade Dominance Will Soon Begin to Crack
Buffalox@lemmy.world 15 hours agoI never expected USA to self destruct like they are now. It’s absolutely insane!
Electing Bush Jr. twice was crazy, but electing Trump twice is insane.
Following the trend of elections for the past few decades, USA is on a path to become a totalitarian country.
The Democrats may win the next presidential election if there is one, but by the looks of things, when the pendulum swings again, that will be the end of democracy for USA.
WanderingThoughts@europe.pub 13 hours ago
Buffalox@lemmy.world 12 hours ago
Oh I absolutely expected USA to be surpassed by China at some point. And for USA to gradually lose international dominance.
But the shit USA is making for itself is turbocharging that process by at least a factor 10.
Some might say it doesn’t really make much difference because the end result remains the same. But the problem is that this doesn’t give the world the same amount of time to adjust. Disruption is generally bad, and disruption of world power is no exception.
Of course the worst disruption is to USA, and that will have a serious negative impact on American business, and if the US dollar loses the position as the world reserve currency, the significance of the American debt will be way more serious.garretble@lemmy.world 10 hours ago
We always heard that this would be China’s century, and for the most part I assumed “maayybe. We’ll see. It’d take a while for the US to decline.”
Little did I know the US would very quickly shoot both its feet off on its own.
I thought that if China were to become the dominant country it’d be through years and years of steady growth while the US was doing the same. They’d just end up overtaking in the long run — not that the US would actively sabotage itself via bigotry and stupidity and greed.
Complete self own. And everyone in charge is a giant coward. We could start righting the ship today, but all the elected gop (and some dem) officials are greedy cowards.
WanderingThoughts@europe.pub 9 hours ago
It feels like the elite are doing one last big haul before they’re out of there, looking for new regions to exploit.
arrow74@lemmy.zip 7 hours ago
Unless the EU gets rapidly closer to China I doubt it. We’ll probably see the general Euro Zone vs. China for the century.
IronBird@lemmy.world 10 hours ago
biggest thing for the rest of the world is the sovereign debt crisis. greece nearly drug down the EU when theirs popped off and their entire economy is just sxporting crude and ripping off the occasional tourist.
USD is the cornerstone to the entire western financial system, not to mention international trade as a whole…
Buffalox@lemmy.world 10 hours ago
greece nearly drug down the EU when theirs popped off,
Erh no! Don’t trust the sensationalist stories about the Euro collapsing for this or that reason. Those stories are always without merit, my guess is they serve a purpose for speculation or are just sensationalist stories.
USD is the cornerstone to the entire western financial system
What are you smoking? It doesn’t make a hoot of difference to the rest of the world to trade in another currency. But more likely than not, it won’t be a single currency replacing USD, it will be a basket of currencies where USD will probably be a part.
fonix232@fedia.io 12 hours ago
It was inevitable and kind of expected.
The US wasn't built on that solid of a foundation. In fact the founding fathers have said explicitly that said foundation - the Constitution itself - should be a living document updated regularly by the people, for the people, to reflect the changes in the world and in the people themselves. It was literally written at one of the most prominent times of change, so of course those who saw said change and were responsible for enacting it, weren't idiots who thought things would never change!
The first cracks appeared in the US a hundred years later with the industrial revolution kicking into high gear and transforming the so far mostly rural, self-sufficient communities into manufacturing giants. That's when factory and mining towns began to boom, and when the US truly began to claim its world power status - without adjusting the laws of course since it benefited the handful few who managed to get their fingers deep into those oh so lucrative pies.
And it's not like there haven't been warning signs of the impending capitalist doomsday. Capitalism was literally built on the back of the industrial revolution (which allowed the means of production to transfer into and concentrate in private hands), and immediately people saw the issue with it - no wonder Marx saw the need to work out a competing socioeconomic system that, if you think about it, was truly in the spirit of the American independence and the US Constitution (aka by the people, for the people).
All that capitalist rush? That allowed a handful of people to become obscenely rich, without the curtails of previous obscenely rich (aka kings, royalty, nobles), allowing them to grab power without any of the responsibility. Kings paid with their heads for their wrong decisions, but in the US, that was deemed excessive, so instead y'all elected people who then got paid off by said obscenely rich to go against the people electing them... and the worst that happens was that the elected official got rich, then got replaced by another who got bought out the same way.
And all that money/power concentrated in such a small number of hands would ALWAYS lead to them wanting more and more until they sucked the host dry like a parasite. There's no symbiosis with capitalists because wealth (resources and man-hours) are finite, unlike their greed. And since the US made it harder and harder to amend the constitution, to make that document truly living and serve the people... The fall thus became inevitable.
WhatGodIsMadeOf@feddit.org 1 hour ago
It blows my mind that people think America can be saved.
Doomsider@lemmy.world 7 hours ago
Studying the revolutionary war reveals a bunch of rich propagandists using lies and violence to manipulate the people into forming a country for the wealthy by the wealthy.
The first President of the US was well on his way to becoming the first billionaire adjusted for inflation. All the things they said were pretty much lies as no one was ever equal in our classist society and our first major moves were to genocide an entire race of people.
The cracks and rot were present in our founding slaveholding abusive fucks who sold the people a lie just like our current reps.
IronBird@lemmy.world 10 hours ago
next we get Alsx Jones/Tucker Carleson ticket, which wins because establishment Dems give Hillary another shot
rayyy@piefed.social 12 hours ago
USA is on a path to become a shit-hole country - FTFY.
Buffalox@lemmy.world 12 hours ago
USA already has widespread poverty, lacks free healthcare and education, has the lowest life expectancy among economically comparable countries.
So USA is already a shit-hole country, and among shit hole countries, totalitarian countries are the absolute worst.
If you think people have it bad now, especially below middle class, you just wait and see what it will be like if USA becomes a totalitarian country!WhatGodIsMadeOf@feddit.org 1 hour ago
Right but you can’t admit that as truth because it’s not patriotic. Like when pieces of shit dress nice and go to church.
XTL@sopuli.xyz 3 hours ago
Always has been. Just with a lot of facade and flag waving. Facade is getting trashed and you’re starting to see what flags really stand for.
Passerby6497@lemmy.world 10 hours ago
That was a decade ago. With trump and Biden at the helm, we hit that point already. Between trump showing that there is no bottom to the depths that conservatives will sink to and *Biden showing that there’s no consequences for openly breaking the law, we are a fucking joke at best.
- Yes, I know congress stopped a lot that. But Biden could have pushed harder against the Republicans or even just not rolled over and go back to business as usual with the weakest of weak sauce attempts at accountability. I mean, Merrick fucking Garland?!?! The failed compromise pick from a decade prior as the head of the investigation?
I hate that the Democrats are the best national response we have to this shit. Local community organization helps, but goddamn if this situation isn’t disheartening.
HazardousBanjo@lemmy.world 9 hours ago
This is what happens when 2 generations of lead poisoning brain rot compose the majority of the voting population while the younger generations adopt universal apathy and nihilism
WhatGodIsMadeOf@feddit.org 1 hour ago
It’ll get better when president Kirk and VP Minaj come through. /S