Australian (ASX) Stock Market Forum

Ignore this at your peril: The USA is going down

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Chronos-Plutus said:
Well we are all jostling for a better position now, country wise; irrespective of West or East positioning or alliance. A major shock to the global order has occurred with this pandemic, however I think it will reinforce the pre-virus economic trajectory rather than slow or divert it.
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I saw our lilly livered trade minister trying to pretend that we have a strong manufacturing sector.

If he truly believes that he should be out on his ear.
 
SirRumpole said:
I saw our lilly livered trade minister trying to pretend that we have a strong manufacturing sector.

If he truly believes that he should be out on his ear.
Click to expand...

Our trade minister will announce what he is given, and probably doesn't know any better. Joshy knows the situation that we are in!
 
I'm just baffled at people cheering on the demise of the U.S, maybe some should ponder a World owned by Chinese manufacturing multinationals, I don't know who will ensure we stay as we are if China buys all the mining?
The U.S will probably island itself as pre WW1, Europe and the U.K will also look after themselves, which leaves us and our easily accessible minerals who we are dependent on China buying.
So extrapolating out, China squeezes us until we have to sell the companies, then we have to increase taxes to support our welfare.
How long will that last?
ATM the U.S is attempting to stop China dumping cheap manufactured goods, which is destroying first World manufacturing, if it fails they will just look after their own manufacturing base and China will continue with State funded companies.
So what is everyone cheering about?
Trump is the only World leader since 1970, to address this problem, and the media and muppet show are trying to stop him, well if they succeed they will look back in 20 years and say OMG.
Just my opinion.
 
sptrawler said:
I'm just baffled at people cheering on the demise of the U.S, maybe some should ponder a World owned by Chinese manufacturing multinationals, I don't know who will ensure we stay as we are if China buys all the mining?
The U.S will probably island itself as pre WW1, Europe and the U.K will also look after themselves, which leaves us and our easily accessible minerals who we are dependent on China buying.
So extrapolating out, China squeezes us until we have to sell the companies, then we have to increase taxes to support our welfare.
How long will that last?
ATM the U.S is attempting to stop China dumping cheap manufactured goods, which is destroying first World manufacturing, if it fails they will just look after their own manufacturing base and China will continue with State funded companies.
So what is everyone cheering about?
Trump is the only World leader since 1970, to address this problem, and the media and muppet show are trying to stop him, well if they succeed they will look back in 20 years and say OMG.
Just my opinion.
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The western world desperately needs a strong USA, non western countries are cheering the turmoil on and undoubtedly feed the flames (discreetly)

I noticed that the woman charged with damage to the statues in Sydney appeared to be of Asian descent, probably just a coincidence......................
 
macca said:
The western world desperately needs a strong USA, non western countries are cheering the turmoil on and undoubtedly feed the flames (discreetly)
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Who pays the media? the advertising companies, who pays the advertising companies?
Who wants to keep using cheap labour in third world countries?
Whose multi billion dollar salaries are dependent on manufacturing in cheap labour, low taxing countries?
It really isn't that hard to join the dots. What amazes me is how many people just eat up the chook feed they are fed.
 
China is the fastest ageing nation in the world/has had the biggest baby bust in history. It's also the most overcredited nation in history.

The average Chinese man is already older than the average american, and 50 years from now, there will be 500 million fewer chinese people in the world.

DdupLR_UwAACAMe.jpg

china-2040-new.jpg

Contrast this with united states:

us_2015-scaled-new.jpg

us_2030-scaled-new.jpg
 
over9k said:
China is the fastest ageing nation in the world/has had the biggest baby bust in history. It's also the most overcredited nation in history.

The average Chinese man is already older than the average american, and 50 years from now, there will be 500 million fewer chinese people in the world.

DdupLR_UwAACAMe.jpg

china-2040-new.jpg
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Hang on, do we have our bet or not?

I am a gentleman and will honour it, if that is what you're concerned about.
 
over9k said:
I'd bet you any amount you wanted ;)
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Well; the bet is on, based on the statement below:

On the 17th of June 2030 the USA will not be the largest economy in the world based on nominal GDP and the IMF, World Bank and UN will be unanimous in their decision and declaration of GDP nominal metrics.

If the statement above is correct, you will post me a 1kg Perth Mint silver cast bar to my nominated address; if the statement is incorrect, I will post you a 1kg Perth Mint silver cast bar to your nominated address.

Agreed?
 
Yep - I posted in the other thread, but let's go nominal gdp and majority 2/3 verdict.
 
over9k said:
China is the fastest ageing nation in the world/has had the biggest baby bust in history. It's also the most overcredited nation in history.

The average Chinese man is already older than the average american, and 50 years from now, there will be 500 million fewer chinese people in the world.
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China had a one child policy from 1980 untill the end of 2015, then the two child policy was introduced.
I'm sure they are well in control of their birthrate, as they are in control of most things.
The one child policy, might be the bust you are talking about?
I'm not sure your charts will give an accurate prediction, with such a small timescale, since the government has allowed couples to have two children.
 
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trawler - That still results in a negative population pyramid due to simple mortality. It also takes 25 years to make a 25 year old (the beginning of your consumer economy).

China is simply done for at least an entire generation.
 
Maybe I'm just curious, maybe I am skeptical, but 2 new posters, one register <7 days and one registered less than <30 days, both posting in nearly the exact same 2-3 threads at/on average 10 posts a day. Both playing with each other.

Seems even ASF can be taken over, shame, more good contributors will disappear.
 
satanoperca said:
Maybe I'm just curious, maybe I am skeptical, but 2 new posters, one register <7 days and one registered less than <30 days, both posting in nearly the exact same 2-3 threads at/on average 10 posts a day. Both playing with each other.

Seems even ASF can be taken over, shame, more good contributors will disappear.
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That's not a very nice thing to say. I was thinking of an ASF revival!
 
over9k said:
trawler - That still results in a negative population pyramid due to simple mortality. It also takes 25 years to make a 25 year old (the beginning of your consumer economy).

China is simply done for at least an entire generation.
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Yes, but first world countries have a falling birthrate with no limit on children, so one would think China will be o.k. they are starting with a population of 1.3 billion.
The older generation may be coming from a very poor and under educated background, so in reality there will be a change in the demographics, which China may not find a bad thing.
5 years ago, China stated they were going to urbanise 100million people in the next few years, so domestic consumerism and probably productivity will increase.
https://m.economictimes.com/news/in...in-urbanisation-plan/articleshow/50296652.cms

https://www.theguardian.com/cities/...sa-el-alto-growth-mexico-city-bangalore-lagos
 
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