Was 1991-2007 the golden age of globalism? Why couldn't it continue?
>>18422178The 2008 crisis showed that capitalism wasn't as invulnerable. The migrant crisis and the rise of Xi Jinping made liberalism even more questionnable. Lastly, culture idpol lead to the death of neoliberals in the late 2010s
In metrics other than the relative power of the "first among equals" it doesn't hold a candle to the second half of the 1800s. Nothing like the tidal wave of european migrants reshaping the world both as settlers and as rulers, just more of the same spread of modern technology and culture to backwards societies and that was already going on in and even before the cold war. Also the so called third industrial revolution is vastly overrated and so has been the case of the alleged 4th, nothing in them compares to the sweeping changes brought by the second.
>>18422240>Also the so called third industrial revolution is vastly overrated and so has been the case of the alleged 4th, nothing in them compares to the sweeping changes brought by the second.People genuinely believe automation has been making big strides steadily and we're on our way to fully robotic blue-collar labor. They are not aware it peaked around the 80's and is firmly in diminishing returns territory, and there's a reason why office workers and artists are the ones threatened by AI.
Why does /his/ have so many off-base takes?>>18422227>The 2008 crisis showed that capitalism wasn't as invulnerable. The migrant crisis and the rise of Xi Jinping made liberalism even more [questionable]. retarded thirdie>>18422248>and there's a reason why office workers and artists are the ones threatened by AI.artists are not actually threatened by AI because art is fundamentally only relevant when it's made by humans. Also the fact that AI art can't receive copyright protection incentivizes at least some human involvement in the creative process. AI art kind of exists between a weird rock and a hard place because the pop culture art world is too ingrained in celebrity culture where people almost care more about the faces behind the work than the work itself, and the high art world us obviously too far up it's own ass to care for ai-slop regardless. AI is still very much prevalent in art but nothing more than a creative tool. The truth is that we never had globalism. We had a multipolar world, then we had a mono-polar world, but we never had globalism
>>18422178"Do everything, lose" the flip-side of "Do nothing, win" has been the American playbook since 2008, the year China announced its arrival on the world stage in its debutante (the 2008 Summer Olympics), at a time when the US financial system was beginning to buckleThat moment, and what followed subsequently, namely the bail out of the US by China continuing to buy USD-denominated debt, marked the end of the unipolar moment in historyThe fact that we are at a point where the US is indeed doing everything and still losing, is perhaps the greatest signal that the US has long lost the Mandate of HeavenIf China can do nothing and win, what does that say about who the Heavens favour? The future is bright if you are Chinese
>>18422283China is technically trillions in debt to the United States if they're willing to actually commit to the One China Policy, which is why they never will, which is why China isn't actually considered a real Superpower and is only considered a rising power, which is why we still live in a mono-polar world even if nobody in the global south likes the USA, which is ultimately why we never achieved globalism. and likely never will.
>>18422292False, Chinese USD treasury holdings are close to 600billi in big 2026 and dropping fast, as alternative payment networks have been set up, and countries trading with China are more and more trading in YuanUS is in debt to China, we "ring that hoe up anytime" as the urban youth like to sayThat's why Yuan is up against Dollar the entire year, and Iran is forcing 3rd parties to pay-the-toll in RMB
>>18422292to be fair, it was indeed a unipolar moment from 1991 to 2007, but you lost the plot, because you got fooled by that Nipponese-American Fukuyama that end of history was herethird world countries literally did not matter, the US was ascendent in all spheres pretty muchIf not for China, US would still be global hegemon, but "hide your strength; bide your time..." as they say
>>18422318Well, the US has been pretty good at digging its own grave sin the Iraq War. China has literally done nothing in more than 20 years to accelerate that decline.
>>18422312So you're only payed 50 Cents per post and I'm sure English isn't your first language since you seem to be struggling hereChina owes the United States trillions from loans it accepted during the Qing Dynasty, if they want to argue that these obligations are void do to regime change, it also means they cannot commit to their One China Policy with Taiwan. China is not considered a Superpower. You're an importer of Western Labor demand. Canadians have been to the Moon before you have.
>>18422312>That's why Yuan is up against Dollar the entire year,1 USD = 0.15 YuanBy the way, since your entire economy is based on importing labor demand, you might not actually want these higher exchange rates anyways, that's exactly what killed Japan's economic momentum in the 80s, and it seems to be killing China's too since their economy has been stagnating for the past 6 years.
>>18422320true, Do nothing, win, as they say>>18422323Anon... those debts were forced on China by unequal treaties, so they are voidTerritory is inalienable and as such the PRC maintains One China PolicyChina is absolutely considered a superpower, if not in real terms, then certainly in producing seethe per capita from Zeihan typesCongrats to Canada? They hit well above their weight in tech before getting handicapped by the big US of A>>18422335What's this nonsense about importing labour demand, most of China's trade surplus is in value-added high tech manufacturing nowadays, if not for cheap manufactured goods (relatively speaking) holding down the fort on USD, USD would be even more of a toilet paper currency than it already is
>>18422366>Anon... those debts were forced on China by unequal treaties, so they are voidNot how this works anon. Your scenario only makes sense in some bizarro world vacuum where the US just allows itself to default. No creditors in the real world are going to take you seriously. If anything the debt from both parties are just going to void themselves.>China is absolutely considered a superpower...yeah except it quite literally is not. It is quite literally the opinion of every geopolitical strategist on Earth that actually matters that China is not considered a Superpower, it's considered a Rising Power. China doesn't have the hard power to even take Taiwan, much less wage a war on a different continent and send humans to the moon at the exact same time. The United States on it's own is still the second largest industrial power. What goes into Superpower status is way more than just manufacturing anon.
>>18422378Yeah it actually serves China's interests to not be considered a superpower, so we'll just go with thatHide your strength and bide your time and all that Sun Tzu stuff, as they sayWell the US playbook is to inflate away the debt, problem is they are going into debt faster than they can even inflate it away, in either case somebody in the end is going to be holding the hot potato, it was the Gulf, but not too sure about them now, they seem kinda pissed the US isn't upholding their end of the bargain to protect them...Japan also seems to be dumping those treasures to shore up their own currencyEurope will have to do I guess, but last time I checked they were throwing you to the curb too