Well, sure, there's an upper limit to how much "exporting inflation to the rest of the world via the petro dollar" the US can get away with it. And the petro dollar is slipping, yes. Still, the US are an economic powerhouse, with world market leading hightech and financial companies, a huge domestic market, tons of natural resources and the strongest military in the world. They can get away with A LOT before a breaking point is reached.


The next Great Recession will imho be triggered when China's housing bubble bursts.

This post was edited by Black XistenZ on Jul 30 2024 06:46pm

When the rest of the world becomes a 3rd world America will become a 2nd world nation. America is the best house in a bad neighborhood. There is a reason people "try" and get here at heavy cost to themselves.

America will lose all the privileges' and first world amenities and citizens will be hard pressed to going back in time in order to survive as a nation and as a people.

The rest of the world is too interconnected and although you would think that would mean all them coming together(BRICS) they will kill each other if their citizens start to starve.

Most people cant fathom the things you mentioned namely

1) With the help of the Federal Reserve/petro dollar we essentially printed up a military that is 10x the next 5 biggest militaries combined. Think of the scale.

2) Sold our debt to countries we can still dominate in warfare i.e we as citizens and we as a country aren't paying that 35 trillion back. Ever.

3) Tons of natural resources(we depleted everyone elses oil while keeping our reserves in Alaska/Texas untouched for the most part). If every country stopped exporting oil to us we could still get by longer then they could without "us".

4) We as citizens/consumers are the best slaves to our own system(we actually do buy shit we don't need with money we don't have) to a foreign country/investor that's gold. That's the main reason our system is still afloat.

5) Us cutting ourselves off from the rest of the world seems like it would totally backfire. It wouldn't. We have everything we need here and if we don't/didn't we went and stole it/will steal it.

Seems almost too obvious now why we destabilized the whole Middle East and set up a bunch of puppet proxies everywhere that answer directly to US.

Countries like China and Russia caught on decades ago but they are still so far behind it's almost laughable.

Questionable whether that will happen. Emperors like Xi have to power to give jail time for selling stocks, so we do live in a strange time.

I don't expect a recession, just a steady continuous decline in standard of living. Although, that is what a recession is, isn't it? Are we already there?

We're already there.

Don't know how rational people think "things will be cheap again soon". Try never.

Don't blame politicians. Blame a finite planet with finite resources as society sells "infinite growth forever".

Was never going to end well that's why the US military did everything it could to get America a "leg up" when the whole planet goes down.

Don't know why people think were heading back to the "good ol days" those days are long fucking gone.

Can't wait to see all the useless idiots try living off the land again. Should be fun but hell.

This post was edited by SwamiVivekananda on Jul 30 2024 10:01pm

Bit copey

Holy fuck

https://www.reddit.com/r/CombatFootage/comments/1efta5o/ukrainian_kamikaze_drones_destroy_a_russian_tank/

lol

gl with that limitless money printing

They don't need luck. They've been doing it successfully for over half a century.
Hold your breath for when China's demography, property sector and manufacturing base all simultaneously implode.

But yeah, you mean exactly what Russia and China do? Pump government funding into war economy or infrastructure projects respectively.
The great hope for de-dollarization is going to be one great big flatulent pipe dream.

This post was edited by Prox1m1ty on Jul 31 2024 04:16am

Yet they lost Vietnam and Afghanistan and now (according to some loonies) are sure to defeat Russia because of their superiority lmfao

Double thumbs-up comrade