Damn. America Decline Is Quicker Then I Expected
- Thread starter DR OSMAN
- Start date
I didn't know it's global reserves of USD are now 45% and BRICS is 30% of the global market and G7 is 25% but as the economist states it's the rate of decline and the quickness is happening is astonishing. In 2000 it was 70% global reserves.
It doesn't take a genius to see where this heading in terms of decline rate over 2 decade. If it declines at the same rate as the last 2 decades, it will be down to 20% of global reserves which could be far lower because the growth happening in BRICS or china is 5% range and higher while their not growing beyond 1% at the best of times and Europeans are in the negatives below zero range
You could be alive to witness the change of guard
It doesn't take a genius to see where this heading in terms of decline rate over 2 decade. If it declines at the same rate as the last 2 decades, it will be down to 20% of global reserves which could be far lower because the growth happening in BRICS or china is 5% range and higher while their not growing beyond 1% at the best of times and Europeans are in the negatives below zero range
You could be alive to witness the change of guard
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Capitalism is a shitty idea and has to die. All market policies need to answer and address the social element at all times and social benefits, infact this is the engine of market place not investors which is the fuel only, where as investor priorities are way over rated in capitalism. Yes investors play a role but in capitalism it's way to big of a role and isn't in line with the engine of the market the masses.
Lol you should be the last one talking about america decline living in austrailia. I was watching a video yesterday talking about the pathetic state of that country. Their housing prices are worse then america and canada combined lol.
I just stumbled across this after trying to figure out why Melbourne and sydney were so massive in size, the urban sprawl there is just crazy even though their population is little.
I just stumbled across this after trying to figure out why Melbourne and sydney were so massive in size, the urban sprawl there is just crazy even though their population is little.
Australia social capital is low and is founded by the lowest segment of Britain, or as our Somali ambassador said to us waa xaar engriis, England offloaded it's worst here, they are the founders of it. England took a shit and Austrlia was the end result.
Their in fear their diplomats of being in Asia and Pacific as the sole European and British outpost
that's what actually guided their policy for at least a century since 1920s.These dudes even sat there waiting for the British queen to save them from Japan bombing the shit out of Darwin even tho England itself was under assault and couldn't even protect his own ass, but these clowns just their sat there twindling their thumb waiting for no rescue untill ww2 ended and Europe was destroyed and couldn't take care of its colonies including Asia and Africa, they went to bed with America who was crowned the global cop by the Jews who migrated there fleeing European persecution and Oppenheimer gave them the nuke. Australia and even Somalia should be preparing how to join that BRICS boat
, the numbers don't lie.But that chapter is coming to a close now, I'm just surprised at the rate were talking decade now not a century lol. I thought the 2050 target of America was more accurate but not now due to the huge difference in growth in BRICS vs G7.
Nah brics is a useless organization, their all working together and thats just controlled opposition trust me. And whatever potential they had is going to be combatted by trump. I have no clue about austrailian history, but I did not know the japanese attempted to bomb darwin well I know where darwin is.Australia social capital is low and is founded by the lowest segment of Britain, or as our Somali ambassador said to us waa xaar engriis, England offloaded it's worst here, they are the founders of it. England took a shit and Austrlia was the end result.
Their in fear their diplomats of being in Asia and Pacific as the sole European and British outpost
These dudes even sat there waiting for the British queen to save them from Japan bombing the shit out of Darwin even tho England itself was under assault and couldn't even protect his own ass, but these clowns just their sat their twinkling their thumb waiting for no rescue untill ww2 ended and Europe was destroyed and couldn't take care of its colonies including Asia and Africa, they went to bed with America who was crowned the global cop by the Jews who migrated there fleeing European persecution and Oppenheimer gave them the nuke. Australia and even Somalia should be preparing how to join that BRICS boat
But that chapter is coming to a close now, I'm just surprised at the rate were talking decade now not a century lol. I thought the 2050 target of America was more accurate but not now due the huge difference in growth in BRICS vs G7.
But theres another sad thing about austrailia, I heard their school holidays are all messed up and short due to the flipped seasons. Austrailians only get a few weeks of summer starting in december which is crazy to me.
But Austrailia will never join the brics, you talk about how close they are to the west and relied on them in their infancy, they still are. their foreign policy is shaped 100% by theirs.
While you were typing that, I found the video I watched I watched a few yesterday so its lucky that you decided to post this today.
Yes it's an invisible hand market stability besides some predictable markers like supply n demand equality being the desired end point each year which is never the case as alot of excess goods are in storage that needs to be exported or perish. They say this is the reason or the driving force for capitalism n it's thirst for global markets to offload goods into the third world. This doesn't make sense as the prices will reduce on those goods compared to if they were developed markets.
They argue if their isn't a segment of the world in poverty, resource extraction is expensive that makes sense, but the offloading excess goods and selling lower because the market is weaker and won't sell it at maximum value makes no sense to me anyways. Unless their investors re route the excess goods as aid n charity thru their govt intentional policy of aid in lots of the parts of the world for brand building and image sake, but even then I doubt that would be their capitalist first choice as they want the market to grow cause they grow as a side effect.
But the Roman theatrics of Romans n barbaric world which is cut n paste playbook the west used free world vs darker poorer savage world. What's sad is copying Romans also copies their extinction, no if's or buts, your just going to get the same outcome not defy it
the theatre is what we call Ina igaare iska hadlow tactics, a very inferior tactic.
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Post covid Australia is finished, it was having housing shortage issue since 2010 tho but general cost of living wasn't bad nowhere near to this scale especially post covid which is effecting not just housing but groceries, fuel, energy, all the core basics, it's at choking point already, essentials vs discretionary(needs vs wants) both are in dangerous times. Housing is around 600k if you go outside to surburban areas and away from financial district. But GDP per capita income is like 60 to 70k. Housing is around 6 to 10 times of the average wage.
Where as in America it's housing vs avg income isn't still bad outside major cities but they have huge social financial divide that is more prominent there then here. Even the worst ghetto here by Aussie definition would be heaven in the USA. It's very much just a few towers not entire neighbourhoods or half every major city like usa.
The gap between the skilled semi skilled and unskilled isn't as prominent here as compared to usa.
They can't survive on branding or Roman theatrics the west, alot of restrategizing is needed using outdated Roman tactics was fine when you controlled the content people consumed thru mainstream tv, but noone actually consumes media like it used to, they still do obviously thru online but what changed the game is social media element discussing it, critiquing it, promoting it leading to information now no longer a useful control technique.
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