Surely the crash of the US economy has to be soon (wilsoniumite.com)

Article summary

The article discusses the potential for a significant economic crash in the US, citing factors such as the inverted yield curve, high government debt, and overvalued stocks. The author notes that despite previous predictions of a crash, it has not yet occurred, but believes that the conditions are still ripe for one. The article also touches on the idea that the US's global leadership may be waning, and that China may potentially replace it. The author expresses concern about the implications of this shift in global power dynamics.

Main themes

• Economic crash prediction
• US global leadership
• China's rising influence
• Government debt and spending
• Market instability

What commenters say

• China's rise to global leadership may not necessarily be a positive development for the world, given its authoritarian government and human rights record.
• The US's decline in global influence may be a result of its own actions, such as imposing tariffs and engaging in aggressive foreign policy.
• China's economic growth and development may be a net positive for the world, despite its environmental and social concerns, as it has the potential to lift millions of people out of poverty.
• The concept of a single global leader is outdated, and a more decentralized and cooperative approach to international relations may be more effective in addressing global challenges.
• The US and China are both flawed actors on the global stage, and it is unclear which one is more evil or less predictable, but China's aggression towards Taiwan and its human rights record are major concerns.
• Climate change and environmental sustainability should be a key consideration in evaluating the rise of China and the decline of the US, as both countries have significant environmental impacts.
• The idea of a new global order with China at the helm is not necessarily a zero-sum game, and it is possible for multiple countries to benefit from increased cooperation and trade.
• The use of terms like 'communist' to describe China's government is outdated and inaccurate, and more nuanced language is needed to describe its complex and evolving political system.