Thursday, April 10, 2025

The Economic order that exists today is going to change whether we want it to, or not

 

In fact, it has already changed drastically. That's what Trump wants to turn around. American manufacturing used to be about all there was. Now almost nothing is made in America anymore. The easy living has come at the cost of a loss of our industrial output.


The denial is deep as the Marianas Trench. If other countries weren't benefiting from their trade surpluses with America, then why are they doing it? Japan, China, and Germany have all surpassed the USA in industrial output. At the end of War War II, this was not so. It wasn't just the war that changed this. It is an important factor in why the ALLIES won the war. Without American industrial dominance, the Nazis would have won. The Imperial Japanese would have been victorious in the Pacific.


America has international obligations, but is increasingly unable to meet them. Without the strong economy to support it, it will not be possible to defend the nations that we've agreed to defend for the last nearly 80 years. The current trading regime is simply not supportable any longer.


Denial won't change the facts on the ground. If there is a snowball's chance in hell of changing anything at all for the better, we'd better stick to the game plan. This could very well be our last chance.


What happens if we don't? China will rule the world. They believe that they have the right to, and if we do not shape the hell up, they will be right.




No comments: