Think the US is in decline? It’s time to think again. The US is not without its problems, but from a financial, technological and investment perspective, it remains – by some considerable margin – the best bet. America is arguably stronger than it has ever been.

https://www.livewiremarkets.com/wires/think-the-us-is-in-decline-it-s-time-to-think-again

by mafco

10 comments

  1. I’m sorry, but this is a Chinese support group. We can’t have any pro America posts here.

  3. It seems like it’s in decline because all of the wonderful benefits of the markets are only being given to a very select few who already have great wealth. The benefits are not being felt by the poor and shrinking middle class.

  4. Idk, the fact I keep seeing a ton of articles telling me that “the US isn’t in decline”, tells me the US is in decline.

  5. I am as pro-American as they come. But to ignore our fiscal deficit and ever-growing debt is flat-out irresponsible.

  6. The US economy may not be the greatest for everyone and that does suck, but as a whole we’re doing much better than most if not all EU member countries with regards to inflation. 

    I really hope people realize that the vast majority of the inflation is due to greedy corporations.

    While Joe Biden is far from perfect he’s done an excellent job getting us through covid and I don’t think people remember just how bad it was losing +6k people every day to covid.

  7. From the perspective of the financial and investment class, who profit off the ratio of labour output: compensation, things are better than they’ve ever been! Go america

    The fact that the indicators are essentially measures of how poor and desperate the average joe is, because they dictate how high that ratio is, doesn’t mean anything because america exists purely for the benefit of the world’s ruling elite. America is hitting all of its goals excellently

  8. The US is in decline, Western Civilization has lost the twilight struggle, and the world stands upon the precipice of a new Dark Age.

  9. “ and US debt – in the form of treasuries – remains the lifeblood of the global financial system.”

    Not wildly knowledgeable in this area but it seems that the only way for the US to manage its increasing debt and interest is inflation/currency devaluation, which would make bonds less attractive. Will there come a point in time where the buyers eventually go elsewhere?

    Also, this is the only mention of debt in the article. Interest will be America’s biggest annual expenditure soon, this seems like it would be worth addressing in a discussion about the strength of the economy. 

  10. If you are an American citizen in 2024, you won the genealogical lottery.

    Doesn’t mean things are perfect, but *holy shit* is life easier and more comfortable now then any other time in human history.

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