BRICSThis is silly rhetoric. Someone who despises American success or worse Western capitalism in totality periodically pops their head up to announce the decline of America.
- Russia is bogged down fighting a country with a military a tenth its size. Its economy...ehhh.
- China's economy is looking over the abyss as its Central Planners desperately try to resuscitate its economy. It is likely in a midst of a lost decade.
Yes, we have a couple of China champions floating around TERB. Not only does that dog don't hunt no more, I think it's literally dead.
- Europe is stagnating both economically and existentially in it's current form.
So where's the vigor and energy outside of America?
As I mentioned before, political debate is healthy not the other way around. Personally, I like when the Democrats and Republican are representing traditional class interests. Democrats are generally dovish and Republicans are generally hawkish. Perhaps there's something at work with U.S. political realignment that we are yet to understand.
The US is experiencing end state capitalism.