When is the world economy going to tank ?

Methinks you protesteth too much (apologies to Mr Shakespeare)

Some of your points are true, and are in fact also made by Ray Dalio, although his are better made and absent of your patriotic fervour.

The bulging middle of the age demographic in China is perhaps one of their interesting challenges, although a general decrease in their population may ease some of their resource pressure.

As far as your assertion about food security, USA is only just a net exporter of food, and that is not always so year on year, so don’t get too comfortable
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It's where all the loan defaulters spend a few days to contemplate their actions

 

I’d also add that USA, whilst (marginally) being a net exporter of petroleum, is a net importer of crude oil.

So again, don’t get too comfortable in assuming USA is totally self reliant. Personally I don’t think any country is or can be in todays global economy


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Electric power generation and storage. That's clearly where the future lies.

 

Lets see how most of these supply chain issues shake out.

Hang on? - some of my points are true and the only one you provide any rebuttal to is food and it still validates my point.

I was talking to a Chinese colleague just last week and she went on about reunification of Taiwan and getting TSMC, which uses Western technology, as a Chinese prerogative.

I've been hearing about the decline of the US since the seventies and yet without the USA, there would be no globalization - which benefited the world far more than it did the Americans. Hence why they have been turning their backs away from it for the last 30 years.

Yes, America will go into decline - no question. But it may well end up as last man standing as well. Do you think China or India can replace the USA? Do you think their currency will become the reserve currency? Do you think since they rely so heavily on importing food, energy and technology they can replace the USA? Its not patriotic fervour you are confusing my thoughts with - its just facts. We just don't know how it all plays out.

If globalization continue its downward trend, then geopolitics becomes even more important. And the US is in the box seat, so long as it can manage its internal politics. And that is the big question.

 

It imports heavy crude that IT has the technology to refine into higher grade products that it exports.

You know, its not the numbers that matter, you need to understand what is behind the numbers and the changing trends.

You don't see the road ahead looking at the rear view mirror, which most statistics just show.

History repeats, just differently. The trick is to understand the differences.

 

The USA peaked in 1974.

 

Please provide you have proof of proof ?

 

That’s what I’m thinking also, nothing is safe when it all crashes.

 

Lithium had performed well for me the last 18 months.

 

Sicko!

 

There is a Red Rooster for sale in Charters Towers, QLD for $1.6M

It’s the best performing Red Rooster in Australia I was told.

 

so happy to employ 12 year old children in mines ?

 

next to the SC?

 

Whatever it takes to get Pappy his 20% returns.

 

I don’t actually know where it is lol

I’ve been through Charters 100 times over the last 25 years but have never been there or seen where it is.

 

Asian hookers are returning just on 18.88%

 

main st after the KFC near the car wash ..

 

You do realise there are legitimately run and staffed lithium mines in Australia listed on the ASX

 

You took a lot in when you stayed there.........all the important bits..

 

yes I do in fact i have shares in one !

 

when I stayed there a week latter I drove by it .

 

Certain F.chat members take it for there Bipolar disorder ..

 

Let’s not forget graphite mining companies[emoji383]