Austin wrote:KrishnaK wrote: Hmm, growing your economy 20 times and 5 times as China and India have done would count as a huge win to me. Doesn't really back your claims up, especially since this has been fueled at least partly with Anglo-Saxon money and almost completely by Anglo-Saxon consumption.
No Favours there , if China and India grew x amount of time , this is also helped the MNC who grew x amount of times with profit generated xx amount of times.
The reason it works is it's a win win for both parties. Of course it's not a favour. Even if it were, we should not want that because that's not sustainable. Talk about stating the obvious.
The West simply prints money it has nothing to loose by keeping printing press going , Like they say West prints dollar and we have to Earn it.
Aaaah all that 30 trillion dollars created every year in the US and EU is just money rolling off the presses. Oh wait all that technology that you get butt hurt over being denied is all maya onlee. Why get so upset then
The World Economy has to move away from it as most of the issues we face is due to money printing.
Indian has benefited from participating in this global order. What issues ? Move away from it to what ? The bottom poorest in India are 20-30% of our population. That's nearly 400 million people. Those 400 million need their standard of living increased 10-20 times inside of a few decades. Can you tell me who's going to invest to raise their standard of living, while relatively well of people like you pass off bollocks as analysis ? Even if that investment is found, wtf is going to consume what they produce ? Russia and China ?
RoyG wrote: The only reason why the West survives today is because we have to pay for the majority of our oil in dollars. This forces most countries to export to the US and maintain a dollar reserve to purchase oil and industrialize. Therefore, there isn't really anything super duper about the West.
Western decline is inevitable.
Relatively so, yes. The west quite sees it coming and aren't too bothered by it either. Because they're the ones funding it for most part.
We should care about Russia because they are leading the charge with China to attack the US, not militarily, but through financial markets, proxy war, and in cyber space.
Russia's not leading the charge on anything. And china keeps selling to the US and investing all their dollars back in the US, because it remains the safest destination for investment. Those that actually know shit and have to invest vast sums of money seem to believe the US does a bit more to survive than just print dollars.
So blinding is your prejudice that you'll spin up the most fanciful of conspiracy theories to pander to it. I can't for the life of me understand somebody wanting their biggest customers to go down. Western consumption is the best thing in the world and we should do everything to keep it going. Including keeping good for nothing idiots like Russia and China from upsetting the apple cart.