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To: Zhang Fei
Thank you for your reply. The article does not address all that you address, but then your reply also does not address related issues.

Given a massively growing US national debt -- currently tipping the scales at more than $3,300,000,000,000 -- any notion that the US is a "wealthy" country is amusing.

https://usdebtclock.org/

Given that in 2000 the debt stood at about $5 trillion by various sources, the "growth" -- a laughable term when discussing liabilities -- of more than six times is one the THE issues, as I consider things.

As to "new world order," the point is that Biden stated the US should run it.

Your history of terminology did not answer my query to you. Certainly the rampant inflation, which seems best explained by the Fed and ECB pursuing economic foolishness, shows itself. The article's title argues "the party's over." Are you saying it is not? Or that this view is "literally regurgitating Soviet propaganda?"

15 posted on 04/08/2022 7:49:45 AM PDT by Worldtraveler once upon a time
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To: Worldtraveler once upon a time

[The article’s title argues “the party’s over.” Are you saying it is not? Or that this view is “literally regurgitating Soviet propaganda?” ]


He’s saying the party’s over because inflation will reveal the economy to be the garbage pit that it is. That’s not how the economy works - we are a economic major power because we make a ton of useful and creative products. We are *the* major power because we also have the biggest population of the countries that do this. If prices go up, that doesn’t change this essential fact. We’ve gone through major inflationary periods before, and we’ve always come through with few problems, because ultimately, the American economy is based on creating new products and services as fast or faster than any other country, that people want to buy.


17 posted on 04/08/2022 7:57:01 AM PDT by Zhang Fei (My dad had a Delta 88. That was a car. It was like driving your living room.)
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To: Worldtraveler once upon a time

[As to “new world order,” the point is that Biden stated the US should run it.]


Why would it be a problem that the US is the leader of the Free World? Would you rather that Russia is the leader of an ever-expanding empire? Or China? We do voluntary defensive alliances (where the members compete to see who can spend the least on defense). They do relentless territorial expansion, checked only by military defeat or fear of defeat followed by internal revolution. I prefer our model.


19 posted on 04/08/2022 8:03:16 AM PDT by Zhang Fei (My dad had a Delta 88. That was a car. It was like driving your living room.)
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