Miscellaneous News
- Thread starter bd popeye
- Start date
At the rate things are going India will have higher median wealth than Europe as a whole by 2030. All depends on how quickly this dumpster fire of a war will continue.
I am actually surprised Europa has some thing called Wealth.
They will have to absorb foreign cultures at even faster rate.
Gordon Chang just feeds his iron rice bowl by catering as a yellow-face to prejudice uneducated white folks.
I love one of the Youtube comments: "I am Chinese, yes I can attest, India so rich, so developed, and so many East Asian servants in India."
Gordon Chang just feeds his iron rice bowl by catering as a yellow-face to prejudice uneducated white folks.
I love one of the Youtube comments: "I am Chinese, yes I can attest, India so rich, so developed, and so many East Asian servants in India."
Nah. Chinkis are unworthy of being servants. Only Caucasians allowed.
Every large system has some inertia. So countries will continue to support the US dollar -- for now. They are slowly dumping it though, as you can see in the following graph showing the percentage of the US dollar in global reserves over the years.
I think the steadily falling percentage indicates that countries are losing trust in the US's honesty -- that the US won't inflate the dollar to worthlessness, and that the US won't steal their reserves. The countries are dumping their dollars slowly, as dumping them quickly would ruin the value. But they are definitely dumping their dollars.
The world's countries are also losing faith in the US's ability to help us all survive the current turmoil. In fact, the US is causing much of the turmoil. In its attempt to become the capo of a global Mafia, it forgets that Mafia-like hierarchies are extremely unstable. We have had two world wars already; the third one will likely be civilization's final suicidal act. The sooner the US's hegemonic ambitions are curbed, the better for humanity's survival.
Mafias are stable if you have competent Dons who know how to keep their Capos in their place through a complicated reward and punishment program. If it is all sticks and no carrots, don’t expect them to take it quietly.
All I can say is, the global Mafia system has already failed disastrously, causing two world wars. A third failure will likely be suicide for civilization. So we must abandon any delusions of stable Mafias and adopt a better system, such as a revamped United Nations.
certain things you cannot measure with paper currency. There are others who have much deeper understanding and they want to ride this system.
