• ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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    6 days ago

    The G7 is literally a smaller economic bloc than BRICS using PPP measure. Meanwhile, the appeal of Burgerland is that it’s a consumer economy, and consumption is now collapsing because of an unfolding recession. Meanwhile, the full impact of the trade war with China hasn’t even hit yet.

    The US launched a trade war against virtually the entire world. China, conversely, is fighting a trade war solely against the US. Naturally, China has abundant opportunities to redirect trade away from the US and towards the very nations the US is simultaneously attacking economically. Plenty of new trade opportunities are opening up.

    Furthermore, buyers outside the US need only pay more than the post-tariff US price minus the tariff cost suppliers are expected to absorb. In practice, this means Chinese goods become cheaper and more competitive for the rest of the world, while the US market faces reduced supply and higher prices.

    Voters report voting for him as a reaction against inflation. Inflation was caused by a reaction to Covid. The material condition has changed and the appetite for someone like Trump has waned as a result. That’s why his popularity is so low.

    His popularity is still higher than Biden’s was, and the material decline continued steadily under Biden. If you think that anything will be getting better in Burgerland then prepare to be surprised. It’s a failed state that’s literally tearing itself apart as we speak. https://www.newsweek.com/peter-turchin-political-violence-donald-trump-barack-obama-riots-2083007

    • 52fighters@lemmy.sdf.org
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      6 days ago

      The US has manageable problems. Russia & China do not. They have unmanageable problems. Russia and China both have population free-falls and a rapidly aging population. China’s economy hasn’t grown for the past three years. And that’s with their official statistics, so it is likely much worse. Xi’s political leadership is in limbo with internal factions alienating him from his own leadership. Way too much of China’s “wealth” is tied-up in real estate because they failed to grow other means of investing and saving. As that collapses with the population, real poverty will set in and the people will realize that their government failed them. This plus Xi’s drive toward war and his poor economic performance the past few years are why he is on the outs, leader in name only. Russia is getting their ass kicked by a nation 1/10 their size, gaining only a few acres per day at the cost of over a million casualties.

      Yes, if I had to choose, I’d pick the US well above China or Russia. So do most people. Which is why nobody is immigrating to China and very few to Russia. Despite the problems America suffers, it is still the land of opportunity, unlike Russia and China.

      • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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        6 days ago

        Literally the opposite is true. The US is in a far worse situation in terms of demographics because it lacks basic social services both Russia and China provide. One has to be incredibly ignorant to think that China has a worse population problem than the US.

        Meanwhile, China’s economy has grown at over 5% each year over the past three years, and Russia is growing at 4% a year, while the US economy continues to crumble.

        Way too much of China’s “wealth” is tied-up in real estate because they failed to grow other means of investing and saving.

        I want to have whatever drugs you’re on.

        This plus Xi’s drive toward war and his poor economic performance the past few years are why he is on the outs, leader in name only.

        🤣

        Russia is getting their ass kicked by a nation 1/10 their size, gaining only a few acres per day at the cost of over a million casualties.

        Russia is literally defeating all of NATO and outproducing western dumb fucks industrially.

        Yes, if I had to choose, I’d pick the US well above China or Russia. So do most people. Which is why nobody is immigrating to China and very few to Russia. Despite the problems America suffers, it is still the land of opportunity, unlike Russia and China.

        That’s because you’re a deeply ignorant individual who lives in a fantasy lala land. Life is going to get very hard for people like you going forward.