My personal theory is that with a semi-decent leadership most of the US population should be able to live well even if it has no tech or industries since it is so rich in natural resources. Instead we got billionaires doubling their wealth in the years following COVID.
They have the resources of a whole continent and two oceans. It takes a lot more than mere incompetence to make the lives of ordinary Americans so hard with just such vast natural resource endowments.
But they also have, rather had, dollar hegemony; overwhelming control of world financial markets; effective control of all core international organisations from the IFM/World Bank to ICC; technological monopolies etc. The list is frankly ridiculous.
To have such a terrible outcome from such a stacked hand is only possible because the whole system is built to suck the 99% dry to enrich the top 1%. It’s a feature, not a bug.
The past only looked golden because the American system used to cascade down where the whole American population was the world’s 1% and they were doing the same to the rest of the world to enable a superior lifestyle.
Foreign countries were only allowed to prosper in the same way the farmer allows his livestock to fatten up before the slaughter.
China was the only one to be able to break that cycle and prevent the US from harvesting all their hard earned wealth and prosperity. That, and China’s audacity to spread that wealth to benefit all of its people instead of just the 1% is the unforgivable Original Sin China has committed which the Anglos will never forgive or forget. Because China presents an existential threat to their 1%’s way of life least the other 99% of their subjects realise what a ridiculously bad deal they are getting and demand a better deal.
This is unfortunately why conflict is inevitable between China and America, because there is almost certainly going to be a a revolution in America where it’s current 1% ruling class are deposed and purged by the exploited 99% once western MSM brainwashing stops working in the face of overwhelming evidence of China’s superior and fairer system reached the 99%. So for the Anglo ruling elite, it’s death either way, and they are of the mindset of dragging everyone else down with them if they must fall.
