
The US inherited "The Empire" from Great Britain. American Empire lasted to the end of the 20th century. But capitalism moved American Industry to China putting China in the lead. The decline began about 15 years ago.
- Vietnam won.
- Afghanistan won.
- Iraq is governed by the Shia and Sunni, they won.
- The US is losing in Ukraine.
- The US is losing to Yemen.
- US GDP (G7) — 28%
- There are 22 members of BRICS — GDP 37%
- Every African country trying to build a railroad goes someplace other than the USA (G7)
- IMF 2024 GDP growth 2.8% China 5%. India 7%
- Europe now buys Russian Oil and Gas through Azerbaijan at an inflated price. The West didn't understand this was going to happen.
- European economies are in deep decline.
- Trump can't fix this. His best option is to be honest with Americans.
- During the empire's decline the Oligarchy will force the "rest of us" to pay the costs.
- Trump is going to cut social programs. How does this benefit anyone but the Oligarchy.
- American's are in denial. (especially on this sub)
- Ursala von der Leyen, president of the EU, declared before the WEF that the price of freedom (in Madeline Albright's sense) is worth it. Her support of the Ukraine war has cost Europe its future. They will be unable to recover.
- Putin did not cut off oil and gas exports. The American sanctions did.
- China is not afflicted by inflation.
- The US is raping Europe
- Trump's tariffs only benefit the Oligarchy. Inflation will rise. Europe will no longer be able to sell to the US.
- BYD has sold many cars to Europe.
- Getting to the White House by being mean and nasty doesn't work when you are there. Canada and Mexico have provided firefighters to LA. Trump is still threatening them.
- No one next to Trump is willing to tell him how tariffs will hurt Americans. That's because they are members of the Oligarchy (there are 13 billionaires in Trump's administration), they are stealing the wealth created by American Labor.
- The price of US exports will rise. The world will buy from China as America becomes more and more uncompetitive.
- When empires go down, the Oligarchy will force everyone else to pay for it.
- When Trump raises tariffs, the countries he imposes them on will impose tariffs on American goods. Everyone's economy suffers.
- We don't know exactly what is going to happen. There are too many variables, but it will not be good.
- BRICS again BRICS, BRICS, BRICS
Trump is using his braggadocio with Canada, Mexico, and Denmark, to cover up the truth of the Empire decline.
Wolff explains the decline of the American Empire and why Trump can't stop what Trump doesn't understand.
byu/Listen2Wolff ineconomy
by Listen2Wolff
10 comments
It’s not like we can’t tell what you are actually attempting here.
This is the guy who thinks employment is slavery so maybe disregard it.
Is this a tankie propaganda sub now?
Brilliant stuff, really. I like how when Biden is president.. all this stuff is beyond his control…. When Trump is in office then this is all stuff he fails on and doesn’t understand. I’m not arguing Trump is a capable president, but this rhetoric is just… empty rhetoric… really.
It is easy to sit in Academia and say, “What you are doing is wrong!”… It is useless too.
I don’t believe Trumps tariffs or tax breaks given to the richest will help the economy. We live in a service economy and the people able to participate in it is growing smaller. We need our politicians to introduce universal healthcare, No Waste Laws, and labor rights upto par with other 1sr world countries. The Average person is suffering with high costs in every category. You can’t pay someone $10-$20/hour and think that this will hold up an economy. Not everybody has a high paying job, there’s lots of healthcare, retail, food industry workers that can’t keep their heads above water. This system isn’t working for 1/2 the population.
Wolff should not be posted on this sub he is not a serious voice in anything economics
The “American empire” is in decline because all manufacturing was offshored.
The growth of China has been noticeably higher than the US for more than a decade. And their global influence built through the belt and roads infrastructure building initiative has been wildly more successful than the US bomb them into submission strategy.
The only thing I would take issue with is the future tense. The oligarchy is making the working class pay for the decline, while they pocket their dividend checks on growth targets that aren’t happening. They steal from the workers to make up the difference, and have been doing so for decades, tho it is escalating.
Luckily the plan to raise an ignorant population has paid off wildly, and the transparently ignorant lies told by the right’s propaganda machine are lapped up like manna by the stupid, as they demonize anyone pointing out the theft as educated elites.
What does the US ‘losing’ Vietnam, Iraq, AFG have anything to do with being a declining empire? And I put ‘losing’ in quotes because there’s a big difference between getting conquered in a WWII style land invasion and losing your sovereignty and simply deciding an insurgency on the other side of the world just isn’t worth the resources anymore. ‘Winning’ would’ve hardly changed the trajectory of history.
Ukraine isn’t even close to over. Our military costs $800B a year and was primarily built to counter Russia. Now we get to drown Russia for mere pennies on the dollar with old Cold War stock and let other people do the fighting. I don’t see what point you’re trying to make aside from arbitrarily listing wars?
US raping Europe? China not afflicted by inflation? Trump’s best option is to be honest with Americans? All of this is unhinged and based on way too much Fox News, or Newsmax, or late night conspiracy talk shows. There are massive problems right now, but not for any of the reasons you seem to think,
Can’t the mods of this sub do something about the Chinese bots posting over and over again?
Comments are closed.