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29/06/20
09:45
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Originally posted by moorookamick:
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I guess as per Cool Hand Luke: "What we have here is a failure to communicate" Forget about manipulation, just look at the USD/Yuan chart 2008-2020. The US is in a prime position to manipulate its currency and those of others because the USD is the defacto reserve currency ( See Currency Wars) We are in the middle of an Economic War between the USA & China and our best bet is to offer our services as mediator; not throw Trump's shit balls at China. As the saying goes; when sharks are feeding stay out of the water. If US capitalism is the best system known to man, then it will prevail , China or no China. IMO the European Social Democracies provide a more sustainable and more humane form of democratic economies than that of the USA & I say that from having lived in the USA for over 2 years. The USA has simply let down its working class since WW2 culminating in over 40 million on food stamps prior to the corvid-19 hit and its hospital/medical system , although the most expensive in the world, is a shame for THE 1st World country. Just check out the US limits on your Travel/Health Insurance! The USA econimic & Political elites ( Steve Bannon's terms) are shit scared that the Chinese economy will pass out that of the US, displace the USD as the defacto reserve currency & outgun Uncle Sam in military hardware. Historically global empires have done this; eg: GB to WW1 etc.
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IMO, its a poor ideology (whether that of the USA or China's) that has to be supported by military might! Surely the best way for an ideology to prove its superiority is via example, not the gun!