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Is the American Empire over?


Is the American Empire over?

Its quite clear that our influence around the world is dissipating. Trump is not helping in any conceivable way. The world seems to look at him as a buffoon and so do many of us as well. No one seems to trust our word anymore and wherever the president goes around the world you can see world leaders smiling and turning away to talk with other leaders. The NATO meeting was a good example. They just couldn't believe this guy!

All we have left is our wealth and incredibly large military forces. Any respect the world had for us seems to be disappearing fast. We can't influence the world by our military force alone. We must have a moral code that has proven to work. A democracy and economic system that has proven to work. Most important ethics and principle's that at one time helped define us as a people. Trump doesn't give a damn about any of that and I for one believe he is mentally ill. What do you think?


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7/1/2017, 10:05 am Link to this post PM Noserose
 
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Re: Is the American Empire over?


We should not have to be the moral code for the rest of the world, we should not have to adjust as a nation for acceptance to the rest of the world any more than any other nation has to.

If the US is a less influential mark on the globe then it is another's turn in the barrel to be so. If the other nations have little respect for the US maybe it is time we introvert and allow them to realize on their own their own independence of us or to have to come to grips with reality if they are dependent on the US and make the effort to respect us as we are not for what they wish to see.
7/1/2017, 12:43 pm Link to this post PM cooter50 Blog
 
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Re: Is the American Empire over?


God forbid if we are an example of the "moral code," but if we present ourselves that way to world, which we do, then you better live up to it.
7/1/2017, 2:07 pm Link to this post PM katie5445 Blog
 
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Re: Is the American Empire over?


no, the American Empire is not over.

we still have the largest world economy.

[sign in to see URL]. [sign in to see URL]%
China [sign in to see URL]%
Japan [sign in to see URL]%
Germany 4.5%
U.K. 3.9%
France 3.3%
India 2.8%
Italy 2.5%
Brazil 2.4%
Canada 2.1%

that said China economy grew by 6.7% in 2016 and India grew by 6.7% American economy only grew by 1.6% so if this keeps up China will dominate us by 2050, then India and the US will be 3rd.

[sign in to see URL]

btw i'm not sure why they left out Russia but Russia right after Brazil according to IMF.
and the IMF has China ahead of the United States. so i guess it depends on what they are measuring.

China
Usa
India
Japan
Germany
Russia
Brazil
Indonesia
UK
France
Mexico
Italy
Korea
Saudi Arabia
Spain
Canada
Turkey
Iran
Australia

[sign in to see URL]

Last edited by snowpixie, 7/1/2017, 5:14 pm
7/1/2017, 5:03 pm Link to this post PM snowpixie Blog
 
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Re: Is the American Empire over?


With the economics you can add the military and our MIC all over the world. Even with Trump I don't think anyone should sell short the power in this country.
7/1/2017, 5:16 pm Link to this post PM katie5445 Blog
 
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Re: Is the American Empire over?


China's economics are joined to the US by debt and purchase. US fails so too China as the large part of their sales as well debt holding is us.
7/1/2017, 6:15 pm Link to this post PM cooter50 Blog
 
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Re: Is the American Empire over?


The US empire's army invaded Afghanistan.
Afghanistan is the graveyard of empires.
7/1/2017, 6:27 pm Link to this post PM Yobbo
 
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Re: Is the American Empire over?


I really wish it would be over, since empires are evil by nature,
But unfortunately it seems it will take a long time yet.
Trump is no help, and may actually increase our power.
No one country should be powerful.
That is what the UN should be for.
But the US controls the UN instead of the other way around.
7/1/2017, 6:45 pm Link to this post PM Rigby5
 
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Re: Is the American Empire over?


The happiest persons on earth seem to be the ones that aren't power players so I definitely agree to not holding the position or even playing the game. I heard on BBC World that Macron is trying to make a move to be the #1 power in Europe, you really don't want to do that, you are in deep enough.
7/1/2017, 6:55 pm Link to this post PM katie5445 Blog
 
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Re: Is the American Empire over?


quote:

cooter50 wrote:

US fails so too China as the large part of their sales as well debt holding is us.



Which means that China can destroy the US economy without even trying. All they've got to do is dump a chunk of their US gov't bond holdings on the market and it's game over.

As an observation, when Trump pulled the US out of the TPP the US lost any input into what may well become the largest trading block in the world. At a minimum he gave China a gift of immeasurable value.

[sign in to see URL]#7deb36f575dc
7/1/2017, 8:38 pm Link to this post PM shiftless2 Blog
 
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Re: Is the American Empire over?


{...
The U.S. debt is $19.9 trillion. Most headlines focus on how much the United States owes China, one of the largest foreign owners. What many people don’t know is that the Social Security Trust Fund, aka your retirement money, owns most of the national debt. How does that work, and what does it mean?
...
This is the portion of the federal debt owed to 230 other federal agencies. It totals $[sign in to see URL] trillion, almost 30 percent of the debt. Why would the government owe money to itself? Some agencies, like the Social Security Trust Fund, take in more revenue from taxes than they need. Rather than stick this cash under a giant mattress, these agencies buy U.S. Treasurys with it.
...
The public holds the rest of the national debt ($[sign in to see URL] trillion). Foreign governments and investors hold nearly half of it. One-fourth is held by other governmental entities. These include the Federal Reserve, as well as state and local governments. Fifteen percent is held by mutual funds, private pension funds and holders of savings bonds and Treasury notes. The remaining 10 percent is owned by businesses, like banks and insurance companies. It's also held by an assortment of trusts, companies, and investors.

Here's the breakdown of holders of the public debt:

Foreign - $[sign in to see URL] trillion
Federal Reserve - $[sign in to see URL] trillion
Mutual funds - $[sign in to see URL] trillion
State and local government, including their pension funds - $874 billion
Private pension funds - $544 billion
Banks - $570 billion
Insurance companies - $304 billion
U.S. savings bonds - $169 billion
Other (individuals, government-sponsored enterprises, brokers and dealers, bank personal trusts and estates, corporate and non-corporate businesses, and other investors) - $[sign in to see URL] trillion.
...
Japan owns $1.1 trillion in U.S. debt. As of April 2017, it was the largest foreign holder. China owns $[sign in to see URL] trillion. Both Japan and China want to keep the value of the dollar higher than the value of their currencies. That helps keep their exports affordable for the United States, which helps their economies grow. That's why, despite China's occasional threats to sell its holdings, both countries are happy to be America's biggest foreign bankers. China replaced the United Kingdom as the second largest foreign holder on May 31, 2007. That's when it increased its holdings to $699 billion, outpacing the United Kingdom's $640 billion.

Ireland is third, holding $300 billion. Brazil is the fourth largest holder at $268 billion.

The Cayman Islands is fourth, at $257 billion.
...}

][sign in to see URL]
7/1/2017, 8:53 pm Link to this post PM Rigby5
 
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Re: Is the American Empire over?


And shiftless jumps hard left yet again. China "Dumps" its US holdings and it goes down the same rat hole, they do not wish to go there enjoying the fruitful gains they have for the last few decades.

Unless one wishes to re-enter the dark ages or the days of the Iron Curtain that won't happen.
7/1/2017, 9:34 pm Link to this post PM cooter50 Blog
 
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Re: Is the American Empire over?


Rigby, The Social Security Trust Fund is a lot smaller than you think.

Too lazy to look up the split right now but the combined funding shortfall of Social Security and Medicare is somewhere north of $120 trillion and both trust funds are due to be exhausted in the relatively near future.

7/2/2017, 2:35 am Link to this post PM shiftless2 Blog
 
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Re: Is the American Empire over?


I'm confused, if the US debt is 20 trillion how can SS and medicare be 120 trillion?
7/2/2017, 2:50 am Link to this post PM katie5445 Blog
 
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Re: Is the American Empire over?


There's a huge unfunded liability for Social Security and Medicare. In other words, the federal government has committed to pay for the programs but doesn't have a guaranteed funding source for them. It's likely to turn into debt in the future as cost of the programs outstrips revenue collected via the FICA and Medicare tax sources.
7/2/2017, 4:00 am Link to this post PM gopqed Blog
 
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Re: Is the American Empire over?


quote:

shiftless2 wrote:

Rigby, The Social Security Trust Fund is a lot smaller than you think.

Too lazy to look up the split right now but the combined funding shortfall of Social Security and Medicare is somewhere north of $120 trillion and both trust funds are due to be exhausted in the relatively near future.




That post I put up was all quote, not mine.
It is true Social Security has been draining the trust fund for over 5 years now, but the shortfall will go away, is not large, and does not change the fact Social Security is still owed a lot because regardless of whether or not we borrow from the trust fund, the obligation to pay social security is still there.
7/2/2017, 4:33 am Link to this post PM Rigby5
 
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Re: Is the American Empire over?


You can see how the Empire operates from the following article.

[sign in to see URL]
7/2/2017, 7:44 am Link to this post PM Yobbo
 
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Re: Is the American Empire over?


]From Sputnik

China and Russia have already ditched the US dollar in their vast energy trade. Now China is leveraging Saudi Arabia to also abandon the greenback for oil sales. No wonder, it seems, that US policies are increasingly lashing out.


US global power depends on its presumed economic prowess and military force. With its economy in long-term decline, precipitated by the teetering dollar, the US rulers are relying increasingly on militarism to project power. That tendency is pushing the world to war.

The challenge is to somehow steer the American military monster into a safe berth without eliciting a world war.

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7/8/2017, 5:55 pm Link to this post PM Yobbo
 
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Re: Is the American Empire over?


The implication of the word "empire" is that the US controls and profits from production in other countries.

It is not at all a good, ethical, legal, or stable thing.
And the sooner it is gone the better.
7/9/2017, 6:26 am Link to this post PM Rigby5
 
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Re: Is the American Empire over?


The empire is based on the supremacy of the petrodollar.

This status is rather swiftly being eroded.
7/9/2017, 7:28 pm Link to this post PM Yobbo
 
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Re: Is the American Empire over?


Problem is the economics of the globe are still attached at the hip to that dollar. It dies so too a large volume of economic stability.
7/10/2017, 12:55 am Link to this post PM cooter50 Blog
 
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Re: Is the American Empire over?


quote:

cooter50 wrote:

Problem is the economics of the globe are still attached at the hip to that dollar. It dies so too a large volume of economic stability.



The grip has loosened.
Of course there will be a measure of instability for a while but it won't be anywhere as dangerous to the world's ultrastructure as the [sign in to see URL]. waging war and rendering large parts of the globe disaster areas.
When the petrodollars cease to be the global currency the mad wars will be greatly lessened.
7/10/2017, 1:11 am Link to this post PM Yobbo
 
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Re: Is the American Empire over?


I seriously doubt so yobbo, that is a dream expectation as with any currency in flow the flow will still spur war.

Would be the similar instability that led the world into Great Depression chaos in the late 20's, all too many currencies with dependency upon others to keep it marginally ahead of inflation. As well would tend to restrict the amount of materials purchased by the US causing the exchange rate to then swell and shrink out of control unless the bottom did fall out.
7/10/2017, 3:06 pm Link to this post PM cooter50 Blog
 
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Re: Is the American Empire over?


An old prediction that is clearly wrong is examined. I still feel the Economist was probably correct, just the time frame is out.


[url][sign in to see URL]
7/11/2017, 12:55 am Link to this post PM Yobbo
 
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Re: Is the American Empire over?


Too much political conflict aligns as one nation or banking institution gets exclusive 'privilege' to control global purchase/sales economics. Came close with the Dollar, now the Yuan Renminbi climbs said ladder, decades ago raw precious metals were the principle method of large transactions nation to nation as Pound Sterling notes alluded to in other times, I suspect a see-saw of currencies for many more years/decades even centuries.
7/11/2017, 12:27 pm Link to this post PM cooter50 Blog
 
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Re: Is the American Empire over?


[sign in to see URL]

[sign in to see URL]

Last edited by Yobbo, 7/17/2017, 7:00 pm
7/17/2017, 6:59 pm Link to this post PM Yobbo
 
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Re: Is the American Empire over?


[sign in to see URL] and [sign in to see URL] really? Far worse than FOX ever yobbo.
7/17/2017, 10:43 pm Link to this post PM cooter50 Blog
 
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Re: Is the American Empire over?


They are two sites prepared to tell the governed people what the ruling classes already know.
7/18/2017, 12:26 am Link to this post PM Yobbo
 
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Re: Is the American Empire over?


 An extraordinary new Pentagon study has concluded that the [sign in to see URL] international order established after World War 2 is “fraying” and may even be “collapsing”, leading the United States to lose its position of “primacy” in world affairs.
[url][sign in to see URL]
7/18/2017, 12:44 am Link to this post PM Yobbo
 
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Re: Is the American Empire over?


Well then as stated, leave them to their own and keep our finances at home. The system as noted should manage without US involvement and moneys.
7/18/2017, 11:06 am Link to this post PM cooter50 Blog
 


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