i think the only thing keeping china from taking that top slot is reach and the use of the dollar worldwide. both of those are collapsing. the US might not be the biggest asshole on the planet for much longer
Eh… don’t count on it. China has some significant weaknesses. In the short term, economic growth has slowed significantly. Debt in the private and public sector is having consequences, both in the housing market and elsewhere. In the longer term, China is aging at a faster rate than the US, both due to a low birth rate and immigration rates that are virtually nonexistent compared to the US. China’s GDP is outpacing the US for now, but it’s an open question how long that pace will last.
i think the only thing keeping china from taking that top slot is reach and the use of the dollar worldwide. both of those are collapsing. the US might not be the biggest asshole on the planet for much longer
Eh… don’t count on it. China has some significant weaknesses. In the short term, economic growth has slowed significantly. Debt in the private and public sector is having consequences, both in the housing market and elsewhere. In the longer term, China is aging at a faster rate than the US, both due to a low birth rate and immigration rates that are virtually nonexistent compared to the US. China’s GDP is outpacing the US for now, but it’s an open question how long that pace will last.
Yeah, instead we’ll get a nation that treats North Korean workers so poorly they riot and execute the management.
Good times for humanity ahead…