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FairAndUnbiased

FairAndUnbiased

Brigadier
Registered Member
Eventine said:
Correct me in case I'm wrong but, what this is saying is that:
  • Imports and exports both declined
  • Residential purchases declined
  • Sharp reduction in consumption growth
  • Sharp reduction in public expenditure growth
  • Equipment and intellectual property investments grew, but the latter not that much compared to the previous quarter
So basically, the only sector that is growing quickly - with a near 20% increase compared to the first quarter - is businesses buying equipment?

Why, when imports, exports, and consumption are ALL down?
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not just that, the businesses buying equipment was because of a 8.9% decline in the previous quarter.
 
B

Biscuits

Colonel
Registered Member
Witchhunter12 said:
All those US in terminal collapse memes from tankies have to stop. The US has many problems, but is still the world's only superpower for a reason and will continue to be a formidable opponent for decades to come.
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"terminal collapse" is not really a thing, the US is chugging along at its usual pace.

But in no world would a country that is only the 2nd largest economy and without even plurality share of global industry be considered "an only superpower"!

It is simply an insufficient amount of power. Being the only superpower would imply surpassing plurality and having comfortable majority in all power indications, even China is far from that.
 
Phead128

Phead128

Major
Staff member
Moderator - World Affairs
Witchhunter12 said:
All those US in terminal collapse memes from tankies have to stop. The US has many problems, but is still the world's only superpower for a reason and will continue to be a formidable opponent for decades to come.
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US as "Only Superpower" ended when MBS of Saudi Arabia openly defies Biden and independently reapproach Iran reset with Chinese diplomatic help. Arguably ended even earlier with US spastic trade war which is a sign of insecurity and election of Trump faux right-wing populism.
 
Q

Quan8410

Junior Member
Registered Member
Biscuits said:
"terminal collapse" is not really a thing, the US is chugging along at its usual pace.

But in no world would a country that is only the 2nd largest economy and without even plurality share of global industry be considered "an only superpower"!

It is simply an insufficient amount of power. Being the only superpower would imply surpassing plurality and having comfortable majority in all power indications, even China is far from that.
Click to expand...
Being a super power is the only way so "Century of humiliation" is not happening again. China must not only got plurality in all tech and industries but a monopoly in all industries is required, similar to US before de-industrialization.
 
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