American Economics Thread

[chgough34]

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US electricity growth is up 5% YoY, mostly due to data center and factory construction. Must be that perpetually weak recessionary economy.

 

[AssassinsMace]

Yes the US is the most powerful country in the world... on paper. The piece of paper that the US prints money to say is one dollar can also be used to say it's a hundred dollars...

 

[AssassinsMace]

Yeas all that matters in the US is to fool Americans into believing the economy is doing well that they start spending. Just as long the richest get their money, it doesn't matter that the rest gets screwed.

 

[manqiangrexue]

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US electricity growth is up 5% YoY, mostly due to data center and factory construction.

Takes a backseat to Chinese numbers again.

Must be that perpetually weak recessionary economy.

Compared to China.

 

[BoraTas]

https://twitter.com/i/web/status/1827422070374068530

mean average error on the CES is ~0

That data doesn't even have anything from 2024.

 

[Index]

Yes the US is the most powerful country in the world... on paper. The piece of paper that the US prints money to say is one dollar can also be used to say it's a hundred dollars...

Most powerful because of military size? I would say that only matters when you're able to translate military power to influence.

They have an incredibly bloated gdp from non productive finance and housing sector bubbles, yet still doesn't reach up to China.

Real power comes from control over goods and logistics. US has done well in commercial airlines, but that makes up only a fraction of global logistics. If you more closely examine the American empire, I don't even believe the US mainland is the most powerful entity within their empire, let alone globally. Japan and SK are.

See, SK, Japan make up 95%+ of the US Empire's shipbuilding, and also 90%+ of their semiconductor production. Without them, US would not be able to ship goods, and also not make the electronics needed to build anything advanced, including weapons. Mainland USA might be the government seat, but SK and Japan are the spice mines keeping the whole empire's logistics and production possible.

 

[MortyandRick]

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US electricity growth is up 5% YoY, mostly due to data center and factory construction. Must be that perpetually weak recessionary economy.

Must be downgrading to more lower margin and lower tech but higher energy intensive manufacturing, as you mentioned before about electricity use levels.

 

[SanWenYu]

Must be downgrading to more lower margin and lower tech but higher energy intensive manufacturing, as you mentioned before about electricity use levels.

Yeah that troll id’ as chgough34 is a bitch of double standards, a typical behaviour of sleepy.

 

[AssassinsMace]

 

[lube]

Must be downgrading to more lower margin and lower tech but higher energy intensive manufacturing, as you mentioned before about electricity use levels.

Had to check if you were joking (you'll never know) but he actually wrote this..
Electricity use isn't a proxy for increased manufacturing intensity (for China), until it suddenly is (for US).

And you have to factor in one of the main power growth contributors in places like Texas is because of crypto.....
The so-called high tech/high productivity growth some people are bragging about.