The US was already losing its position as world exonomy leader. Now that the Coronavirus has hit us harder than other countries, do you think the US will lose power even faster.
Not until the us dollar continues to be the world reserve currency
6t reasons why that can go away, and counting...
What if other countries stop using the dollar.
We already are at war. We’re just not battling it out the same way it was done 75 years ago.
The second cold war had already been lost. Look at all the American corporations censoring themselves for China. US corporations are cheerfully importing censorship for the sake of red money
The US was already showing problems before covid-19 but the complete chaos and inability to act on it quickly really emphasized the internal problems the US is having. China on the other hand is looking like a serious world power contender now. It's not going to flip soon, but the groundwork is there for the next 15 years if the US doesn't figure out it's inability to produce anything, mobilize government, prevent government infighting, etc.
When will China finally take over Taiwan? Will the US be able to do anything about it
Taiwan doesn't have natural resources worth having a war over. All of China's posturing is just that - posturing. Crazy to go to war over a piece of rock in the ocean
Ha ha. Very interesting comment from an Intel guy. There is exactly one thing in Taiwan worth fighting for, TSMC.
When US starts the next war and gets defeated or seriously weakened then US would lose its power. Before that happens, no country dares to challenge US hegemony. Just look at history on how great empires rose and fell.
History teaches us that the greatest of empires were crippled from within. The outside force was just a catalyst in the eventual demise.
Isn't Trump basically dividing the US more by being a bigot, racist, and plain stupid?
No, the F35 is the real reason our currency is the reserve one. Whoever holds air superiority can send any country into the abyss at their whim.
No it would still be sliding downward at the same exact speed as before
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No, US will stay as powerful.
Everything is relative. All other countries are in roughly just as much debt and have also all suffered from COVID. Long term US will lose reserve currency, but I guess we kick the can down the road for another 10-20 years