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0 sats \ 1 reply \ @Solomonsatoshi 10h \ on: The Economics of Dating that Ruined a Generation econ
Education makes women unfit for raising children.
The modern debt funded consumer based financialised economy provides them financial independence and encourages that financial independence (read dependence upon employment) as it boosts GDP.
The western world cannot maintain its population and so imports labour to maintain/boost GDP, ultimately diluting its cultural integrity and unity.
What happens when war breaks out with China and you find that the tech departments of your top stocks and universities are majority staffed by Chinese?
The west cannot compete with Chinas mixed economy where industry is provided with lower priced inputs such as energy and labour and strategic investment by government in crucial technology like rare earths, robotics, infrastructure and energy generation and efficiency.
The west is dying from its bloated sense of entitlement.
Its Chinas turn to be the dominant and most sophisticated economy again, just as it was 500 years ago.
I find your posts illuminating and think you make many good points. But can I play Devil's Advocate and challenge you on two points? 1: Isn't China also failing to reproduce and facing demographic issues? 2: Isn't China essentially Japan 2.0? And look at what happened to Japan. Turned out they were working as slaves making cars and radios for entitled Americans just so they could earn dollars and buy treasuries which were unilaterally debased via monetary inflation. The life force of that one great nation has been slowly drained by the vampire squid dollar hegemony empire to the extent they are now prostituting themselves to tourists to make ends meet. How does China avoid the same fate?
I suppose it can be argued China woke up to the scam after the GFC and hence them moving to buying gold from that time. But what if China is repeating the mistake of the past of choosing the wrong collateral? As I understand from Saif's The Bitcoin Standard one of the reasons for China's fall was them choosing to stick with silver while the west moved to gold for reserves. What if that mistake is now being repeated by choosing gold over Bitcoin?
I ask these questions out of genuine curiosity. I'm open to the idea of China challenging the US but the fact is the US regime loves to have a boogie man (Germany, Russia, Japan, now China) which it likes to project on and accuse of all the things it does itself. But these boogiemen often turn out to be nothing but bums lined up to be knocked out by the great heavyweight champion the United States of America.
Also, one other thing I'd be interested to hear your take on: do you think the Israel alliance helps or hinders the US as it pertains to containing China? And by that I mean Israel is a formidable country with a population I would argue doesn't suffer the same entitlement and naivety as the US population. They are street fighters and are playing for keeps. That whole exploding pager thing showed that well enough. Does China going against US interests mean making an enemy out of Israel? Or will Israel just work with both China and the US, aligning themselves more with the eventual winner? Them being a nuclear power in the middle east and having the ties they do to Washington makes me think the Chinese need to address the Israel issue if they are ever seriously going to challenge the Petro dollar.
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