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re: Kim Dotcom: US has to rule world because without reserve currency status they’re bankrupt
Posted on 10/14/22 at 4:19 pm to Indefatigable
Posted on 10/14/22 at 4:19 pm to Indefatigable
(no message)
This post was edited on 10/15/22 at 10:08 pm
Posted on 10/14/22 at 4:21 pm to cwill
(no message)
This post was edited on 10/15/22 at 10:06 pm
Posted on 10/14/22 at 4:22 pm to RazorbackLaw501
quote:
That's probably right, but my point is that it can be turned around, and U.S. elites (probably correctly) think that it will in the future.
China is powerful now and it is right to think about constraining them currently...but the bust is coming and it won't be fixed for another generation...that's too late for the coming problem - you can't make up for the current gap - that's the problem.
quote:
Both U.S. elites and I seriously doubt that.
Inde****able and I aren't speaking off the cuff or our own research...it comes from numerous think tanks and studies...I doubt there is a single "elite" that isn't taking the well known demographic issue into account.
quote:
NYT is a pretty good gauge of elite opinion,
That was one article about current policy - not even an opinion.
Posted on 10/14/22 at 4:33 pm to cwill
(no message)
This post was edited on 10/14/22 at 7:41 pm
Posted on 10/14/22 at 4:40 pm to FlexDawg
Russia is tired of the US ruling the world which is why they invaded another country.
Posted on 10/14/22 at 4:51 pm to SammyTiger
(no message)
This post was edited on 10/15/22 at 10:06 pm
Posted on 10/14/22 at 5:06 pm to FlexDawg
Posted on 10/14/22 at 6:06 pm to Indefatigable
Attack the messenger without addressing the message is weakness
Posted on 10/14/22 at 8:14 pm to Leotiger725
(no message)
This post was edited on 1/12/23 at 11:30 pm
Posted on 10/14/22 at 8:16 pm to cwill
quote:
Well if Kim Dotcom says so...
Exactly. Kim Dotcom is a fat worthless know-nothing nothing burger. But he’s right about reserve currency status, but that’s just common sense
Posted on 10/14/22 at 8:22 pm to RazorbackLaw501
quote:
He doesn't have anything intelligent to say. He attempts to masks his lack of substance with seldomly used words. And he's insecure, too. Instead of just saying, "Yeah, the immigration bit was wrong and stupid", he just denies that it doesn't alter his main point--which was stupid as well.
I said in multiple posts that the immigration bit was a throwaway portion of the original post. Then said you were right.
And it wasn’t central to my actual point there. I have no idea why you are so obsessed with it. I don’t even dispute your position on the immigration thing. I just keep saying that it’s not a primary part of what I was getting it. It was just an errant attempt for a relatable comparison. Jfc

quote:
It's not clear at all that China is doomed because of their present population issues. They could lose literally half of their population, and it'd still be double that of the U.S.
I never used the word doomed. But population is exactly what we are talking about, and if China’s population falls by 50% in anything resembling a near term timeframe, they are beyond fricked. Doomed wouldn’t even begin to describe the negative impacts that would have on their political and economic systems.
quote:
Whats more, the Xi regime is actively trying to reverse their trends, so the jury is still out on whether or not the policies will have a positive negative effect. There are all kinds of things, like raising the retirement age, that could buy them time, for example.
Raising the retirement age does nothing to address the root issue. The gap is already there. They cannot fix the current population /demographic gaps. They can only fix it going forward, and that necessarily takes decades to accomplish. Their economy and political situation will suffer in the late 2030’s-2050’s from this problem. So will a lot of other countries, China’s issue is just more pronounced.
They’ll remain a global superpower on sheer numbers and technology, but they won’t be anywhere close to as pushy as they are right now.
quote:
There's a model on Bloomberg that forecast that if they raised the retirement age to 65, they'd have over 600-million workers by 2050--the U.S. will be in flames by then.
Sheer number of workers is a meaningless statistic.
quote:
I'd bet before then, China, Russia, and India will have banded together to form a new international order.
You’re a fool if you think India is trading the West for China or Russia, or that Russia and China’s interests align beyond resisting US hegemony.
China is literally a bigger threat to the Russian Federation than the United States, NATO, the EU, and everyone else up to and including the Klingons combined. The CCP just doesn’t need Siberia yet.
This post was edited on 10/14/22 at 8:26 pm
Posted on 10/14/22 at 8:48 pm to Indefatigable
(no message)
This post was edited on 10/15/22 at 10:06 pm
Posted on 10/14/22 at 8:53 pm to RazorbackLaw501
quote:
You have unstated assumptions about the nature of human beings which will frick up your broader point about China.
Here’s the issue. As long as you continue to insist that I have beliefs that I do not have, and make assumptions that I am not making, concerning subjects/aspects of the subject that I have told you I did not intend to invoke, there’s no point in talking about it.
You’re completely right and I’m completely wrong about everything possible in this thread.
Now, will you shut up?
Posted on 10/14/22 at 9:40 pm to Indefatigable
(no message)
This post was edited on 10/15/22 at 10:06 pm
Posted on 10/14/22 at 9:51 pm to Indefatigable
quote:I will use the word "doomed" because that does not begin to define what is coming for China. Collapse.
I never used the word doomed. But population is exactly what we are talking about, and if China’s population falls by 50% in anything resembling a near term timeframe, they are beyond fricked. Doomed wouldn’t even begin to describe the negative impacts that would have on their political and economic systems.
It is so because China is such a newcomer in the world of modern trade. Without Nixon and Kissinger, they arent even in the game at all, WITH Nixon and Kissinger, they are the most fragile great power in modern history. That will show soon
Number of people remaining after their collapse does not mean anything. AND the collapse is inevitable. China becomes meaningless in just about every way. See Peter Ziehan and John Mearscheimer.
Russia has the second worst position for a slightly less of a collapse like CHinas
Supply Chains return to the USA due to the disaster that China brings to itself
I believe India will rise into the 2100s and will be very strong on their own. They are also far more likely to be great with little to no belligerence to the West
But they will only match the USA in a couple of centuries if we can remove the current criminal infestation of Democrat communists..
Reserve currency of the USA is unsinkable for those centuries.
This post was edited on 10/14/22 at 10:46 pm
Posted on 10/14/22 at 9:58 pm to RazorbackLaw501
quote:It will take two centuries or more.
It's not "irreversible". They can, and probably will, turn their demographic issues around by subsidizing their population to breed--they have 1.4 billion people, do the math. People in elite positions in the U.S. clearly don't think that China will have the economic issues that you're claiming because of population decline, okay? They have a vested interest here, and they think China can compete with the U.S.
China has existed in the modern world for a small; number of decades. They are fragile because of this.
There is no instant policy to correct their mistakes of 50 years ago.
In addition, their one child policy not only guided their doom it was compounded by their insistence on having MALE children.
In 50 years it will be no more than a historical footnote describing the absolute and total collapse of China
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