Essay: Attention anti-American hyper Russophiles/Sinophiles. Time is not on your side
Previously, I wrote the essays below:
- The United States will be the leading power in the world for the foreseeable future
- Skepticism about China remaining a global power
- It's time to be very bearish about China's long-term economy
- Why I am not bullish on Russia's future
With China unraveling and both China/Russia facing very difficult problems that they are unlikely to solve such as: their demographic crisis, long-term financial issues, history of bad leadership and corruption, people fleeing their countries who are often the most educated/wealthy, etc, time is definitely on my side.
When a country has a demographic crisis due to an aging population and a brain drain, it has negative effects on society - especially in the long-term (lower labor productivity, less innovation, larger health care costs, lower ability to create/attract companies dependent on a big consumer market, etc.). And a demographic crisis cannot be solved through economic/financial incentives alone (See: Pro-Natal Policies Work, But They Come With a Hefty Price Tag, Institute For Family Studies, 2020).
Labor productivity is a key component of the resilience of an economy, economic growth, technological innovation and a country's standard of living.[1][2][3][4]
There is currently a talent war in the world due to technology and labor productivity increasing being important in terms of the prosperity of a country.[5] Countries’ competition for talent is forecasted to become fiercer over the next ten years as both uncertainties and international tensions continue in trade, investment and politics.[6] And right now, the United States is competitive in this talent war and China/Russia are not which is one of the reasons why people are fleeing China/Russia (See: Top 12 reasons why people are flocking to the USA and leaving the corrupt, authoritarian countries of China and Russia and The world’s best and brightest are flocking to these countries, CNBC, 2023).
Also, as China's economic problems and demographic crisis gets worse, Russia's ability to sell oil to China will diminish (See: Russia's economy and gas and oil profits will be BADLY damaged when China's economy declines).
And if all these things weren't enough for hyper Russophiles, there are the issues related to my essay at: Russian oil: Lower future production/profits due to future higher extraction costs and other inefficiencies.
As a result of these matters and the matters I cover in the essays listed below, one can confidentially say that time is not on the side of hyper Russophiles/Sinophiles. And while I don't wish difficult things to happen to China/Russia, bad previous and current choices in those societies have consequences.
So I am very content to let time unfold and periodically update my essays and largely/completely ignore the rantings of any anti-American hyper Russophile/Sinophile.
Contents
General international politics essays
- The myth of multipolarity. What do the terms unipolar, bipolar and multipolar mean as far as international relations?
- Why did so many self-declared international relations experts miserably fail concerning their multipolar fantasy?
- What drives Xi Jinping and Vladimir Putin?
- Why has the West been so successful?
- The 2023 BRICS Summit was a bunch of hoopla. We still don't live in a multipolar world.
- The wreck of the HMS Multipolar World Fantasy - Humor
- The anti-Christianity Mao Zedong, Fidel Castro, Joseph Stalin and Xi Jinping have opposed homosexuality so this isn't a very high moral bar for China and Russia to clear
The United States
- The United States will be the leading power in the world for the foreseeable future
- The USA has one of the highest labor productivity rates in the world - significantly higher than both China and Russia
- Is the USA an economic powerhouse and juggernaut?
- Size of a working age population in a country and its correlation with national GNP in advanced economies. The ability of the United States to attract some of the best and brightest workers in the world
- Top 12 reasons why people are flocking to the USA and leaving the corrupt, authoritarian countries of China and Russia
- Isolationalism is growing in the United States. Is this a good thing?
- The USA is outproducing Russia and Saudi Arabia in oil production. The best is yet to come
- The USA can reduce its national debt. It has done it before
- The citizens of the United States are happier than the citizens of Russia and China. USA! USA! USA!
- The U.S. Navy is the most powerful navy in the world
- Gold reserves by country. The USA is still golden!
- The USA will become bigger, better and stronger than ever before! Russia and China will not! USA! USA! USA! - Humor
- Attention all hyper Sinophiles/Russophiles. The USA being better than China and Russia is an incredibly low bar for Americans to jump over!
China
China's major economic crisis are signs of major deflationary pressures
According to Investopedia, "Deflation is not normally bad for an economy, except when it occurs in reaction to previous over-inflation."[7] Unfortunately for China, it has economic bubbles that are bursting in relation to its real estate and stock markets which is causing much economic hardship to many Chinese. Both of these markets had values that were highly inflated relative to their actual economic value. The Empower website notes that deflation "can lead consumers to spend less now, in part because they expect prices to continue to fall; it can push businesses to lower wages or lay off employees to maintain profit levels; and it makes existing debt more expensive for many borrowers.[8]
Presently, communist China is facing multiple crisis with the three major crisis below being signs of growing deflationary pressures on their economy:
- Chinese stock markets crisis (Since 2021, China’s stock markets have lost about $7 trillion in value.[9])
Russia
See also: Vladimir Putin is a corrupt kleptocrat and an authoritarian
Israel
- The Russian Army compared to the Israeli army. Why is the Israeli army so outstanding?
- Israel's efficient mobilization of soldiers vs. Russia's far less efficient mobilization of soldiers related to the war in Ukraine
User:Conservative's essays
External links
- USA – the unstoppable juggernaut?, 2023
- What makes the US economy so resilient?, The Hill, 2023
- Fresh Growth Numbers Are Set to Show US Remains Economic Powerhouse, Bloomberg News, 2023
- USA: The Most Powerful Country in the World, Nomad Capitalist
- Will the US Be Weaker in 2050 than Today?, American Enterprise Institute, April 2023
- SWOT analysis of the USA (U.S. SWOT analysis) (SWOT is an acronym for strengths, weaknesses, opportunities, and threats)
- Ben Shapiro Explains Why the U.S. Is the Greatest Country in the World - video
China related:
- China economy overtaking U.S. is increasingly unlikely, Newsweek, 2024
- China challenging US superpower status is ‘not inevitable’, says Xi Jinping, Mint News, 2023
- Strongman economics aren't working for China and Russia, Axios website, August 15, 2023
- More see U.S. as top global economy over China in post-COVID reversal, Axios, June 2023
- Russia’s population shrinks and China’s ages, Shifting demographics are posing unprecedented challenges for China and Russia, April 2023
- Why China’s Bid To Become A Superpower Is Doomed To Failure, Forbes, August 2023
- The Decline of Russia and China, 2022 video featuring George Friedman at the U.S. Naval Institute
Additional resource:
- World's Top Economies, Investopedia
References
- ↑ Labor Productivity: What It Is, How to Calculate & Improve It, Investopedia
- ↑ 25 Most Productive Countries Per Capita, Yahoo Finance
- ↑ How Education and Training Affect the Economy
- ↑ How does Russia compare?, Organisation for Economic Co-operation and Development
- ↑ The world’s best and brightest are flocking to these countries, CNBC, 2023
- ↑ The world’s best and brightest are flocking to these countries, CNBC, 2023
- ↑ Why Is Deflation Bad for the Economy?, Investopedia
- ↑ What is deflation?, Empower website
- ↑ What’s going on with China’s stock market?, MarketPlace.org