I've been told that the debt is gonna go galactic 'cause of this
>checks global assetall ponzis are currently sold, because the last retard got, that the global demographic overhang of useful 50+ idiots has become a net negative
>>62057453nobody thinks the US will hold against China in the next 20 years. They are a dying corpse with inertia of course, they'll still have some edge (specifically in the MIC) for a while, but nowadays chinks produce more engineers and scientists + they mog the US in plastic and metallurgic output. >t. Frog mad that instead of doing something yuropoors are just switching from being fucked in the ass by the US to fucked in the ass by China
>>62057533Is "nobody" in the room with you now shizo?China is already deader than dead. It chokes on overproduction it cannot sell, it has no energy outside some minimal amount of coal, it has no fresh water, it has a demographic deflation that makes the USA and Europe look young it has "public controlled economic actors" that make the European and US debt to assumed production look benign>b-but china is sweatshop of worldthat hasnt been the case for 25 years
>>62057547Me when I'm retarded
>>62057453Erm you’re supposed to blame Joe Biden sweaty
>>62057547China has a shrinking, homogenous and productive population while the west is going in the opposite direction. Seeing as automation is increasing, a shrinking population actually makes sense. 'overproduction' is a euro cope line that gets moaned about due to china taking market share away from western producers.
>>62057547everything you said here is either false or way worse in Europe/USA. Lemme try to correct you >It chokes on overproduction it cannot sellchina is 35% of worldwide production this is just false. Surpassed the US in 2011.>it has no energy outside some minimal amount of coalChina has vast coal resources and is the world's largest producer and consumer of coal. They aim to surpass the US in the number of nuclear reactors by 2030 so it's not even an argument for the next 30 years. >it has no fresh water6th biggest natural fresh water sources in the world >it has a demographic deflationyes this is true (finally, good job) but it also has a billion people so for now whatever, the average age in the US is the same as China. And in Europe and the US we import niggers to solve this problem, so I won't call this a win, I would be happier of France had less population if you could remove bad actors.>has "public controlled economic actors" that make the European and US debt to assumed production look benign It's on purpose, they choose a sector they want to ruin, they make a "private company" and then they just flood it with infinite money until all wester competition dies, they are just being smart honestly, it could backstab them tho
>>62057453when the biden admin froze russian treasuries it took the neutrality out of us treasuries as reserve asset, less ideal path is to tokenize everything possible so the economy is running with stable coins that are backed by treasuries which would redollarize vs dedollarize and move away from fractional reserve banking the banks are fighting it though because they cant compete
>>62057547>when you have a nigga population boom and your fent reactor tech is 20 years ahead
>>62059278Is that the hail Mary? You do realize that crapto became popular not because number go up but because it run parallel to the BoomerX ponziconomy. And as it was integrated into the BoomerX sovereign bond ponzis it lost its value
>>62057453boomers own most assets and they are starting to sell and zoomers are broke, so US stock market could be in a bear market for the next 10-20 years, unless FED doubles money supply again in the next couple years
Not hard to calculate where this is going. Given current interest rates, trends in Federal revenue, and trends in Federal spending, interest on the national debt will consume ALL Federal revenue in 15 years. And that is conservative because interest rates will climb as people back away from US treasuries. Who is going to loan money to somebody that will predictably soon be paying their mortgage with a credit card?
>>62057617>china has a disgenic army of yesmenthat's why they are cooked without copying the west
nice y-axis, faggot