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06/01/16

14:37

Post #: 16740321
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Originally posted by JFI ↑

I'm not any more for Russia and China and for the USA. I'm just interested in seeing what is happening in reality and making some forward estimates economically and geo politically about where things are going.

Look China has been an amazing country for a very long time, 1000's of years. They have had amazing periods in the past. taking an economic and innovative leadership role before, long long before the USA was even conceived of in the imagination. Russia is the same, around for an incredibly long time under many guises and forms. These peoples from Russia (and region) and China (and region) have personality traits within their populace which leads them to the politics which we see play out today and which we have seen play out in the past and the past we haven't witnessed.

It is likely that China will ascend to the throne once more for sure and I am again under no illusion that it will last forever then… They have the same intentions the USA had back in the day… they will likely set up a Gold Standard be highly productive and industrial and ingenious in creating goods and services the world will love… and at some point like USA they will again reach a point where its downhill time. Finding ways of extending their time longer than necessary rather than passing on the baton and working the obvious trade angle to sustain themselves.

No one and no country has a right to rule the planet. It would be better if there were greater economic and trade ties between all these leading countries. The USA would be wise to work with the new institutions that are being set up outside the traditional USA based ones. This would be better rather than use trying to maintain the status quo. Its clear that China and Russia are resolute in their approach and aside from them disappearing from the planet it may be better all round to work together instead of fighting to be the leader.

We would benefit greater by creating a new way with deeper trade and understanding between nations.

JFI

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I've got news for you. The gold standard is well and truly dead and buried, for ever and ever. Amen
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0 Great analysis

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