Interests: Linux, Economics, Politics, & Religion.

  • 7 Posts
  • 14 Comments
Joined 8 months ago
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Cake day: October 14th, 2024

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  • The US has manageable problems. Russia & China do not. They have unmanageable problems. Russia and China both have population free-falls and a rapidly aging population. China’s economy hasn’t grown for the past three years. And that’s with their official statistics, so it is likely much worse. Xi’s political leadership is in limbo with internal factions alienating him from his own leadership. Way too much of China’s “wealth” is tied-up in real estate because they failed to grow other means of investing and saving. As that collapses with the population, real poverty will set in and the people will realize that their government failed them. This plus Xi’s drive toward war and his poor economic performance the past few years are why he is on the outs, leader in name only. Russia is getting their ass kicked by a nation 1/10 their size, gaining only a few acres per day at the cost of over a million casualties.

    Yes, if I had to choose, I’d pick the US well above China or Russia. So do most people. Which is why nobody is immigrating to China and very few to Russia. Despite the problems America suffers, it is still the land of opportunity, unlike Russia and China.



  • These new buyers are in BRICS, and their demand is increasing because these are growing economies where the standard of living is rising.

    In the past 10 years…

    • US GDP up by 67%.
    • Brazil GDP up by 9%.
    • Russia GDP up by 20%. Most of that is non-useful military spending to murder their neighbors.
    • India GDP up by 77%.

    Only India beats US GDP growth and that’s because US-based businesses are moving some of their production away from China and to India.

    Making more money has to be weighed against creating more risk for yourself

    The risk is on the buyer. That’s US businesses buying from China. US businesses pay, then China ships. What happens at the ports with tariffs is the problem of US businesses. China is going to keep selling so long as orders are coming in.

    Trump is a product of the existing material conditions in the US

    Voters report voting for him as a reaction against inflation. Inflation was caused by a reaction to Covid. The material condition has changed and the appetite for someone like Trump has waned as a result. That’s why his popularity is so low.



  • Once Chinese companies find new buyers, what reason do they have to go back to trading with the US

    To make more money. The bigger your market, the more customers you have, the more money you can make. Also, these “new buyers,” where have they been? Why was China holding out? That makes no sense at all.

    the US will be seen as being an inherently risky business

    Trump is seen as inherently risky. He has just a short few years remaining. A president like him comes only rarely.