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Blind is an antisemitic cesspool
Due to Covid I started reading about economics and geopolitics. It is seemingly clear to me that America is a declining super power and China will be the most powerful country by 2050. Recent Pentagon report suggests that China's Navy is now equally matched with US. On top of that, a large chunk of US Military budget goes towards salaries of employees. (https://news.usni.org/2020/09/01/pentagon-report-china-now-has-worlds-largest-navy-as-beijing-expands-military-influence) Given the rise of Progressive wing in the US, I am guessing focus of America will shift inwards, that is they will spend more on domestic issues rather than defence. I am constantly seeing a negative attitude towards Capitalism, American Defence Industry and American led global order. Given all this, do you consider that America will be able to match China in future? I am not an American citizen, but will anyday prefer American led world order instead of CCP led. #CCP #us #china
Russia #1
Economically too weak. Some analysts say that Russia will be China's proxy eventually. There was a time when USSR used to School China, now roles have reversed.
Give it time, with enough global warming it just might ;) Russia's economy works in weird ways
It's pretty obvious that China is the next superpower. I expect that to be as early as 2040. More than US declining, China is doing too many things the right way on economic, political, military and financial terms. US is just too annoyed about losing its place in world domination. NOT a Chinese citizen!!
China is only good for Chinese people. There is no mass movement of people desperate to live and work in China or a strong worldwide Chinese cultural influence. In fact it’s the opposite, with China copying US influence and culture and making a Chinese version of it. There’s also a huge trust issue with China for obvious reasons. The average Chinese citizen seems to be ok with the CCP human rights violations as long as they’re not the people getting persecuted. I think the software industry in particular makes China seem more powerful than it is just because they have a very high population with a high percentage of those people owning phones and computers. Those companies will tolerate more of the Chinese BS just so they can get access to the Chinese market
US is trying to have more allies in the world to balance that
We have more aircraft carriers than the rest of the world combined...
And more importantly, we know how to use them.
The article says largest, not better. They have more ships now but they arent better ships, not at all. The United States has 12 aircraft carriers including 11 super CATOBAR carriers. China only has 2 carriers and they are STOBAR, which arent as good. The US has more carriers than the rest of the world combined. Its like saying you have more marbles and then you look at the US who's playing with fucking boulders. China has a long way to go.
I know right now US has enough deterrence to stop China, my worry is whether they will able to do the same in 2040, 2050 or not
India # 1
And if you actually read the article, it does not say China is equally matched. It says China wants a world class navy by 2049. The United States achieved this feat decades ago.
Yeah, but US needs to keep pace with China from now. With the rise of Progressive wing in the US, I am assuming that funding for US Military will decrease. Stupid ideas like MMT are gaining ground, if such things are done, surely US will be in decline
You are making some massive assumptions. Even if we were to defund the military by 50%, which would be ludicrous and cause a recession, we would still be spending 33% more than China. US military spending is insane. So no, China would need to rapidly accelerate to catch the US with major defunding of the US. This isnt going to happen
Is it worth investing in a Chinese ETF?
Fuckers fuck. Suckers suck.
China could have even bigger internal problems. Most Chinese dynasties collapsed from within. It’s not clear to me that China wants world domination. They probably just want to be a regional power and have no ambition or desire to rule the world.
Really? They interfere with European countries. They have given enough money to Italy to block any resolution against human right abuses in China. Look at Australia, they are far away from China, yet they are having trouble. Look at Belt and Road, that is debt trap diplomacy at best.
Well they want to do business and have influence of course, but nothing like bombing the shit out of some other countries.