I don't worry about our currency or food supply here in the US. I do however worry about our politicians that appear to be selling us out at every turn.
We are, but we could be slaughtering the world if our politicians weren't so corrupt. It's my personal opinion they devalue our dollar to hide the problems socialism has caused in Europe
This is basically a propaganda chart. The giveaways:
It's an indexed chart, everybody starts at index 100 from year 2000. It should be absolute level, and start from similar comparative time (say GDP/population level) for each country.
It's not credit growth divided by GDP (growth) or population (growth). If it wanted to make any sense, it would be.
Remember, Zeihan can be useful, but he doesn't understand fucking anything about economics and he is seriously skewed and biased in his POV.
debt/GDP/Population graphs growth starting from zero.
Then you can compare country to another and to historic averages and crash levels.
The other way is to compare China only (but you still need an honest start point, from zero, not indexed from year 2000) and then you compare to exponential growth. If it's hyper-exponential (parabolic), then it'll crash (Read Didier Sornette's mathematical analysis about this).
But yeah, on the overall I agree:
ALL Big 20 countries in terms of GDP have gone hog wild on debt overgrowth.
No way real economic growth can pay that back using the natural resources of energy and people we have.
So, they will ALL collapse.
The question is only : where does it begin first.
I've been waiting for that collapse for 23+ years, so don't hold your breath....
No, China debt didn't start from zero in 2000. That's what you don't seem to grok.
It started from China's INDEX LEVEL=100, which was the amount of debt at the beginning of year 2000.
The graphs on charts cannot be compared to each other. Only the growth rate fro that period can. That's all.
And yeah, I feel like we are at the verge of collapse too.
But I also felt that in 1999, and then 9/11 happened. And they printed.
And I felt it again in 2007. and then GFC happened in 2008-2009, and they printed some more.
And I felt it again in 2019 with the US Gov debt sales failure and then COVID magically hit in 2020, and they printed oh so much fucking more.
And I'm starting to feel it again, but my clock is saying 2024 and I'm sure they will pull some fucking rabbit out of their hat again. War, Comet, Alien invasion, something.
Could it be you have no idea how debt is structured in China?
For example, who is holding this debt?
The funny thing is so many western propaganda machines are busy trying to lie about the reality of how this is shaking out.
China has basically freed all the poor nations from the imf, and enslaved them for the next part of the plan. All things are moving to China based control and communist systems. USA is in the lead.
Be interesting to see how China manages to grow while the one-child policy effects are going to halve the population
This ls unlikely to happen. In the event of continued collapse you will see an increase in artificial wombs and development of fetus.
Your whole anti china wanna be stuff, just exposes who you are I think.
I think you must be chinese, perhaps an implant? somewhere in USA?
It is OK to be Chinese you know. They have done some great things for humanity, like most other nations/people. (not all)
At any rate, your dream that China is gonna fall off its top spot, is silly talk, it is like you have no idea how they came to be on top of the world in the form of production capacity, exports and overall economic capability.
Nothing the west can do can change this, aside from a military crushing, which there is absolutely no way the west can perform such a task. As all the leading military minds have indicated.
Not if your debt is in your own currency and you have total control over it.
China has been manipulating their currency directly since Nixon; all they would have to do is trigger hyperinflation, making the debt worthless, pay it off, then introduce a new (digital) currency.
As a bonus, they level the middle class and turn all their people back into peasants.
I don't worry about our currency or food supply here in the US. I do however worry about our politicians that appear to be selling us out at every turn.
Any electrics...
We are, but we could be slaughtering the world if our politicians weren't so corrupt. It's my personal opinion they devalue our dollar to hide the problems socialism has caused in Europe
I mean if you think that the CCP, Putin or North Korea will save you from the NWO you probably need a brain check.
Didn't the Federal Reserve install those regimes to testrun the NWO and kill billions?
This is basically a propaganda chart. The giveaways:
It's an indexed chart, everybody starts at index 100 from year 2000. It should be absolute level, and start from similar comparative time (say GDP/population level) for each country.
It's not credit growth divided by GDP (growth) or population (growth). If it wanted to make any sense, it would be.
Remember, Zeihan can be useful, but he doesn't understand fucking anything about economics and he is seriously skewed and biased in his POV.
Read other POVs to get a fuller picture.
You can only conclude that AFTER you've done:
debt/GDP/Population graphs growth starting from zero.
Then you can compare country to another and to historic averages and crash levels.
The other way is to compare China only (but you still need an honest start point, from zero, not indexed from year 2000) and then you compare to exponential growth. If it's hyper-exponential (parabolic), then it'll crash (Read Didier Sornette's mathematical analysis about this).
But yeah, on the overall I agree:
ALL Big 20 countries in terms of GDP have gone hog wild on debt overgrowth.
No way real economic growth can pay that back using the natural resources of energy and people we have.
So, they will ALL collapse.
The question is only : where does it begin first.
I've been waiting for that collapse for 23+ years, so don't hold your breath....
No, China debt didn't start from zero in 2000. That's what you don't seem to grok.
It started from China's INDEX LEVEL=100, which was the amount of debt at the beginning of year 2000.
The graphs on charts cannot be compared to each other. Only the growth rate fro that period can. That's all.
And yeah, I feel like we are at the verge of collapse too.
But I also felt that in 1999, and then 9/11 happened. And they printed.
And I felt it again in 2007. and then GFC happened in 2008-2009, and they printed some more.
And I felt it again in 2019 with the US Gov debt sales failure and then COVID magically hit in 2020, and they printed oh so much fucking more.
And I'm starting to feel it again, but my clock is saying 2024 and I'm sure they will pull some fucking rabbit out of their hat again. War, Comet, Alien invasion, something.
So I'm not holding my breath anymore.
heh, funny stuff.
Could it be you have no idea how debt is structured in China?
For example, who is holding this debt?
The funny thing is so many western propaganda machines are busy trying to lie about the reality of how this is shaking out.
China has basically freed all the poor nations from the imf, and enslaved them for the next part of the plan. All things are moving to China based control and communist systems. USA is in the lead.
This ls unlikely to happen. In the event of continued collapse you will see an increase in artificial wombs and development of fetus.
Your whole anti china wanna be stuff, just exposes who you are I think.
I think you must be chinese, perhaps an implant? somewhere in USA?
It is OK to be Chinese you know. They have done some great things for humanity, like most other nations/people. (not all)
At any rate, your dream that China is gonna fall off its top spot, is silly talk, it is like you have no idea how they came to be on top of the world in the form of production capacity, exports and overall economic capability.
Nothing the west can do can change this, aside from a military crushing, which there is absolutely no way the west can perform such a task. As all the leading military minds have indicated.
And that is why I say India is up and coming. They have a population boom right now. I'm curious how much debt they have
Kama sutra for all! LFG!
Not if your debt is in your own currency and you have total control over it.
China has been manipulating their currency directly since Nixon; all they would have to do is trigger hyperinflation, making the debt worthless, pay it off, then introduce a new (digital) currency.
As a bonus, they level the middle class and turn all their people back into peasants.