Heroism and legitimacy succeed while illegitimate socialism results in failure

[dsummoner]

Source:

In just five years, China has surpassed the United States as a trading partner for much of the world, including U.S. allies such as South Korea and Australia, according to an Associated Press analysis of trade data... And the United States still does more trade overall - but just barely. If the trend continues, China will push past the U.S. this year, a remarkable feat for a country so poor 30 years ago that the average person had never talked on a telephone.

While socialist America, a place where socialism is illegitimate secondary to being in stark contrast with the ideals upon which this country was founded, quickly burns through the larges of capitalism from times of yore (along with being the sole industrialized power that was unscathed after WWII) secondary to the parasitic costs of socialism... A heroic and legitimate China continues its rise. Anybody that is not a monster truck rally " 'merica first and flags and stuff and 'merican jobs" jingoistic and racist bigot will approve of this outcome in a multipolar world involving working well with others, being a part of a global community and where 'foreigners will not tolerate.'

While the Ameriklans pine away for their 1950s world where so-called labor, barely skilled and barely educated, could be 'middle class' by being a bolt turning drone, support the misallocation of capital through a pro-rape agenda to provide existence subsidies for the filth of the gutter, demand their socialist entitlements (metastacized beyond all bounds) and support the vapid lunacy of the new state religion (the religion of Earth worship of rich White Libbie) that destroys productive industry (not to mention the consumerism which is 70% of 'merican economic activity)... the rest of the world is catching up. Poor Little Timmy G, beggar bowl in hand, being laughed at by the Chinese as he tries to tell them what they should or should not do is poetic justice.

[Joy in Mudville]

This reminds me of the time that Dsummoner was crowing about the fact that Iran wanted to conduct it's trade with Russia in rials instead of dollars. This, according to the wise old sage, was indicative of the dollar's imminent plummet and the "great unraveling". This was also about a year before the rial lost 40 percent of it's value over the course of a week. Meanwhile, the United States still sells T-bills at below the rate of inflation. In other words, countries, companies, and individuals actually pay the United States to lend us money. Maybe the "great unraveling" will begin next week.

[Joy in Mudville]

It's also worth noticing that the country in the picture that actually is a state run, socialist economy is suddenly faced with a massive supply glut in terms of manufactured goods which is having a deflationary effect even as it struggling with what appears to be the late stages of a good old fashioned real estate bubble.

[dsummoner]

This reminds me of the time that Dsummoner was crowing about the fact that Iran wanted to conduct it's trade with Russia in rials instead of dollars. This, according to the wise old sage, was indicative of the dollar's imminent plummet and the "great unraveling". This was also about a year before the rial lost 40 percent of it's value over the course of a week. Meanwhile, the United States still sells T-bills at below the rate of inflation. In other words, countries, companies, and individuals actually pay the United States to lend us money. Maybe the "great unraveling" will begin next week.

The heroic and legitimate governments of Iran, China and Russia are doing just fine, regardless of the racist and bigoted aggressive and imperialistic machinations of your illegitimate regime. All of the following have had their run as 'world' reserve currency: Liang, drachma, denari, solidus, the Islamic dinar, the Venetian ducato, the Dutch guilder and the pound sterling. The USD is on its way to joining these currencies of once held but then lost reserve currency status. Bilateral trade agreements that cut out the USD have and will become multilateral trade agreements. This will only accelerate as the US continues to debase the dollar and the US loses its ability to enforce dollar hegemony through military force and bribes.

One does hope that your regime continues the debasement of the USD while issuing debt hand over fist (the economic religion of Keynes). It will only hasten the demise of the USD as world reserve currency all the quicker and along with it will go the decades of socialist fecal filth that has inundated the country.

[dsummoner]

It's also worth noticing that the country in the picture that actually is a state run, socialist economy is suddenly faced with a massive supply glut in terms of manufactured goods which is having a deflationary effect even as it struggling with what appears to be the late stages of a good old fashioned real estate bubble.

State run, yes. Such is legitimate for a government founded on the ideals of the primacy government over the individual. The use of public-private partnerships, aka the merging of state socialism with state capitalism, is also legitimate for a government founded on the ideals of the primacy government over the individual. The 'supply glut' and 'real estate bubble' = better growth and surpassing of the " 'merica! **** yeah! Bigfoot and 'merican jobs and flags and stuff" failed experiment.

[Calamari]

This reminds me of the time that Dsummoner was crowing about the fact that Iran wanted to conduct it's trade with Russia in rials instead of dollars. This, according to the wise old sage, was indicative of the dollar's imminent plummet and the "great unraveling". This was also about a year before the rial lost 40 percent of it's value over the course of a week. Meanwhile, the United States still sells T-bills at below the rate of inflation. In other words, countries, companies, and individuals actually pay the United States to lend us money. Maybe the "great unraveling" will begin next week.

It reminds one of the ordinary unhinged street-corner vagrant with his "The End is Near" sign, scanning the clouds for the black helicopters.

[dsummoner]

It's also worth noticing that the country in the picture that actually is a state run, socialist economy is suddenly faced with a massive supply glut in terms of manufactured goods which is having a deflationary effect even as it struggling with what appears to be the late stages of a good old fashioned real estate bubble.

You may want to get that growth that you have developed checked out (perhaps at a 'free' Swedish clinic). We all know what happened to poor Rasputin after he, also, found a similar growth.