Will the US collapse economically?

[owtth]

Will the US collapse economically?

No it'll probably cost a shit-load.

[PsychoSerenity]

Hard to replace collapsed capitalism with more capitalism.

Bit like rubbing a sword in to a stab wound.

They've done it before.

[Trolldor]

Hard to replace collapsed capitalism with more capitalism.

Bit like rubbing a sword in to a stab wound.

They've done it before.

No they haven't. When something collapses it's beyond recovery.

[sandinista]

Not capitalism, too open to fascism and inevitably collapses when its victims rise up against state oppression.

true, capitalism will not be replaced by capitalism, also capitalism is too open to fascism and inevitable collapse.

[Jay G]

The economy will collapse, as planned by the Zionist Jews and will be replaced by a Zionist Jew empire in which all non-jews will be made slaves of the Elders of Zion.

Once that happens, all non-jews will be forced to work on Saturdays so the Jewish Masters can have their day of rest. Each town will be forced to have several Chinese restaurants with a sushi bar.

Yiddish will be the universal language and Chopped Liver will be served in all homes.

[devogue]

The economy will collapse, as planned by the Zionist Jews and will be replaced by a Zionist Jew empire in which all non-jews will be made slaves of the Elders of Zion.

Once that happens, all non-jews will be forced to work on Saturdays so the Jewish Masters can have their day of rest. Each town will be forced to have several Chinese restaurants with a sushi bar.

Yiddish will be the universal language and Chopped Liver will be served in all homes.

I fucking knew it!

[Jay G]

The economy will collapse, as planned by the Zionist Jews and will be replaced by a Zionist Jew empire in which all non-jews will be made slaves of the Elders of Zion.

Once that happens, all non-jews will be forced to work on Saturdays so the Jewish Masters can have their day of rest. Each town will be forced to have several Chinese restaurants with a sushi bar.

Yiddish will be the universal language and Chopped Liver will be served in all homes.

I fucking knew it!

Zol Zein mit Mazal un Hatzlocho, stupid mick

[PsychoSerenity]

Hard to replace collapsed capitalism with more capitalism.

Bit like rubbing a sword in to a stab wound.

They've done it before.

No they haven't. When something collapses it's beyond recovery.

That doesn't mean it's beyond being rebuilt. It's only beyond recovery when the people decide they want to do something different - and there doesn't need to be an economic collapse for people to come to that conclusion, but it does give them quite an incentive.

[Lozzer]

I'm already learning Chinese Tak-am-ow-a bitches.

[Ian]

I'm already learning Chinese Tak-am-ow-a bitches.

If anybody here thinks the US is going down to "collapse" while China has a glorious economic future, I'll be more than happy to quote you so we can discuss this subject again in 10-15 years.

[PsychoSerenity]

I'm already learning Chinese Tak-am-ow-a bitches.

If anybody here thinks the US is going down to "collapse" while China has a glorious economic future, I'll be more than happy to quote you so we can discuss this subject again in 10-15 years.

Could happen.

[Ian]

I'm already learning Chinese Tak-am-ow-a bitches.

If anybody here thinks the US is going down to "collapse" while China has a glorious economic future, I'll be more than happy to quote you so we can discuss this subject again in 10-15 years.

Could happen.

You have just been quoted.

IMO...

This decade will see the US experience moderate growth. Unfortunately, the 2020s will be rough for everybody. Mostly because of what I call the "energy crunch", but in the US it will also be because the baby boomers will be elderly. Unemployment will plummet and wages will be high, but they'll be squeezed by high inflation and/or taxes. But the 2030s and probably 40s will see incredible growth as that issue passes, and as other things come up (not getting into details here).

China, meanwhile, is due for a very, very rough time before or during the 20s. China's economic growth has been phenominal for 30 years now, but no nation in human history has perpetually sustained that sort of growth. It's also politically fractuous, highly dependent on coal and oil, and terribly unequal on the Gini index and growing worse. More than one billion of China's population lives below $2000 a year, and it's only a small percentage (mostly in a few select cities) who manage over $20k per year. In other words, except for a very thin sliver, China remains a vastly impoverished Third World country. It's coastal production cities are more tied to foreign economies than they are to the interior. Many Chinese companies can't sell much to interior China any more than they can to sub-Saharan Africa. Ultimately, China's economy is much more dependent on trade with the US than vice versa; the deficit alone should be proof of that. With growing (regionalized) income inequality and some major bumps ahead (demographic, energy, foreign influence), China will be ripe for a good amount of upheaval, both economic and political.

[PsychoSerenity]

I'm already learning Chinese Tak-am-ow-a bitches.

If anybody here thinks the US is going down to "collapse" while China has a glorious economic future, I'll be more than happy to quote you so we can discuss this subject again in 10-15 years.

Could happen.

You have just been quoted.

IMO...

This decade will see the US experience moderate growth. Unfortunately, the 2020s will be rough for everybody. Mostly because of what I call the "energy crunch", but in the US it will also be because the baby boomers will be elderly. Unemployment will plummet and wages will be high, but they'll be squeezed by high inflation and/or taxes. But the 2030s and probably 40s will see incredible growth as that issue passes, and as other things come up (not getting into details here).

China, meanwhile, is due for a very, very rough time before or during the 20s. China's economic growth has been phenominal for 30 years now, but no nation in human history has perpetually sustained that sort of growth. It's also politically fractuous, highly dependent on coal and oil, and terribly unequal on the Gini index and growing worse. More than one billion of China's population lives below $2000 a year, and it's only a small percentage (mostly in a few select cities) who manage over $20k per year. In other words, except for a very thin sliver, China remains a vastly impoverished Third World country. It's coastal production cities are more tied to foreign economies than they are to the interior. Many Chinese companies can't sell much to interior China any more than they can to sub-Saharan Africa. Ultimately, China's economy is much more dependent on trade with the US than vice versa; the deficit alone should be proof of that. With growing (regionalized) income inequality and some major bumps ahead (demographic, energy, foreign influence), China will be ripe for a good amount of upheaval, both economic and political.

Interesting...

I'm going to go for something a little less predictable - so if I turn out to be correct it'll look even more impressive.

Over the next five to ten years all economies are going to continue to struggle one way or another - but by 2020 they will be an internet/education based revolution, where everyone will come to the conclusion that money is more trouble than it's worth, and we'll have the technology to provide for the whole world with only ten percent of the population working part time, so there will be a new age of international cooperation and peace.

[Trolldor]

In the next five years nothing will have changed or we will all be dead.

[RuleBritannia]

Nobel Prize winning economists can't predict next month, yet some people think they've got the next 30-40 years worked out.