E Is The USA Too Weak To Let China Succeed?

Donald Trump is right. America is not as great as it once was. He wants to make it great again, but he is going about it the wrong way. America manifests weakness. 

America may even become weaker. People won't buy products from a nation they consider a bully. Trump is the face of America. He is perceived as being a bully. US exports have been up, partly because of desires to beat tariff considerations. But the chart below shows they are declining in the face of tariffs and ill will generated by Donald Trump:

https://tradingeconomics.com/united-states/exports

I don't see China deploying troops all around the world with bases around the world as we have. We should be happy that China is a mostly peaceful nation. We will possibly make it otherwise, if Trump has his way. It is amazing that America has had decades to promote world prosperity, yet Africa is not prospering, and much of Asia is not prospering. Latin America has problems.

Why do we want the world to remain weak? We have done little to develop many areas of the world. We now are disturbed that China wants to develop those regions? Why? Is it because we are also weak?

The world is weak because of lack of potential energy. Gail Tverberg, Talkmarkets contributor has nailed the energy problem with her own research.

Tverberg said:

 

Reading many of today’s energy articles, it is easy to get the impression that our energy problem is a quality problem—some energy is polluting; other energy is hoped to be less polluting.
There is a different issue that we are not being told about. It is the fact that having enough energy is terribly important, as well. Total world energy consumption has risen quickly over time.

 

She warns of this:

 

Whenever there is even a small drop in energy consumption per capita, it seems to have an adverse effect. On Figure 3, even the small dip in energy consumption per capita in 2008 and 2009 led to a serious recession in many countries of the world.The people who talk about getting along with less energy haven’t thought through the likely ramifications of this. There would be fewer jobs that pay well because jobs such as those for construction workers would disappear. The economy would shrink, because of the fewer jobs, in a much worse recession than the Great Recession of 2008-2009.

1 2 3 4
View single page >> |

Disclosure: I have no financial interest in any companies or industries mentioned. I am not an investment counselor nor am I an attorney so my views are not to be considered investment ...

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Gary Anderson 2 months ago Author's comment

I appreciate your wise comments, Trader and Norman. It just smells like war fever. It was established before Trump, but the hope of world cooperation is being destroyed by an arrogant nation with less than 5 percent of the population. I grew up with Ike and JFK. Even Reagan had a hope for world peace. We have never been more arrogant and dangerous as a nation as we are now. Hillary would have pushed this arrogance in another direction perhaps. But we are not acting in our own self interest, imo. We are not striving for a Westphalia peace. We are striving for world domination and fascism.

William K. 2 months ago Member's comment

I would assert that the author has cause and symptom reversed. A decrease in production causes a drop in energy consumption. Machines are switched off because of reduced production requirements. It does not work the other way.

Gary Anderson 2 months ago Author's comment

As long as you have affordable energy that is true. The Bannon/Trump theory is that there is finite energy and we must guard it. They want to guard it by a fascistic separation of cultures. Push the Muslims over there. Push the Chinese over there. Isolate the them. I am wondering when they will add blacks and Jews and Hispanics, and isolate them as well. This is not the America I am familiar with and I hope it goes away soon.

PreferredStockTrader 2 months ago Contributor's comment

I generally agree about your critique of the USA, but it started long before Trump. The U.S. empire now contains over 900 military bases around the world in 70% of the countries. U.S. foreign policy is controlled by the war profiteers who have bought off the politicians and promise and provide cooperative generals with high paying jobs after they leave military service. Obama/Hillary focused on destroying Russia, Syria and Libya while Trump has simply switched focus to Iran, Venezuela and China although the military industrial complex (and their friends in the media and intelligence agencies) will not allow him to better relations with Russia. The U.S. needs to demonize foreign countries to create a justification for a huge military budget when in fact none of these countries are threatening us. As bad as Trump is, it is a mistake to put this all on him. Obama dropped more bombs than Bush and spread the U.S. wars from 2 to several - adding Yemen, Syria, Libya while drone bombing other countries as well. Yes, it seems the U.S. would rather take down the whole world than let countries develop and improve the lives of their people.

Norman Mogil 2 months ago Contributor's comment

Ironically, by putting up a tariff wall discourages efficiency improvement in the US and just opposite effect in forcing China to be more competitive. Making China great?

William K. 2 months ago Member's comment

Indeed! Also, putting up a tariff wall instead of negotiating indicates a lack of ability to consider secondary results of ones actions. As we know, secondary results are usually very important to consider prior to taking action. In this case, the general public suffers while that top 1% seems to benefit, at least for the short term.