Message from @Jym
Discord ID: 629887563028627466
Oh. I guess I need to go into trade. The US does not really do it. By which I mean we are also the least globally connected economy on the planet. Imports make about 12% of USGDP and 2/3rds of that are N. America. The global trade network was never an integral part of the US economy. It was a bribe by us to get allies in the cold war. This being outside of the problems with attempting to establish a different exchange currency (of which there are several)
Like I said. We do things in a very weird way.
If the dollar looses its international stance you can no longer sustain that empire of yours Wallstreet built for you.
And then you are left basically in autarky.
Which will mean you will no longer be the first worldpower, too.
See above. It's not built on what they trade in most of the world. Not exactly Autarky but if one were to want autarky this would be the place to do it.
By any means TRY becoming an autarky, see what will happen in the most capitalistically oriented country in the world when you are forced on that path.
I don't even think the term 'Empire' is accurate as Empire extracted wealth from their overseas holdings. I think American Hegemony is a better term. Not that I am in favor of eaither.
I mean the prices of a ton of stuff would go up and you couldn't get the most lucrative contracts anywhere in the world any more.
You would also have to let go of those damn cheap Chinese goods, too.
Then, you would be forced to pay more for imports and prop up your industry again, well, that's exactly what trump wants, isn't it?
Scroll up. Goods not in the US, Mexico, or Canada only account for about 4% of our GDP. I do agree prices would go up. It's just that that would not matter much here.
But if prices go up you will loose wealth and living standard wouldn't you?
And your dirt poor will become, well, truly Third world poor.
Also there won't be that much money for social benefits or defense as there were before.
You will experience a fall in many key parameters for your wellbeing and some of the things you derive so pride of
Not by much. And again that is only in a scenario where the rest of the planet tries to crash our economy out of spite. It might actually be good for our poor as we would be forced to re-shore 4% of our supply chain.
like the great US army, your ability to travel on cheap fuel long distances, the house in the subs you so much dream of, the family barbeques at the pool, should I continue?
WE make cheap fuel here. I think at this point only SA has a lower full-cycle breakdown cost.
One of our big industrial pushes at this point is brining LNG terminals online so we can *export* cheap fuel.
Which, I mean is good for Hungary and the intermarium in general as after asia they are a target market for our energy *exports*. It was quite the topic at the last 3seas...
Which is to say I am not gloating over our position. Like I said we got here by doing some really retarded shit. Just off the top of my head we also love drugs and shooting each other more than most places. Just that it gives us a capacity to do things other nations can't.
The Russian gas is still far cheaper.
If you knew the situation here you would know our own nationalists hate your LNG because they think it is an attempt by Washington to extract money from our own economies and destroy the Russians in the long term.
So, it's not something I agree is a more valuable alternative and your current oil glut is still driven by technologies that utilize more expensive fuel sources than crude petrolium, so it's not as energy efficient as it was.
I believe the future is hydrogen derived from nuclear power but that's a whole different story.
My point is that is you loose the petrodollar you will take a dip in living standards, too, and furthermore your government won't be able to sustain your social and military budgets as they are today.
So you will be forced to choose what to loose in order to cope with the new horizons.
Well. I am not sure the Russians have a long term. You have to understand in the Permian they have *negative pricing* on gas so really we just sell wherever we can. The intermarrium effort is more to provide a hedge against the Russians using gas prices to push their neighbors around. Which quite honestly they do fairly often. The Germans are really retarded to ignore this but I don't really care because it is only Germany.
And again nothing that happens outside of this hemisphere **can** have a significant effect on our economy.
Actually I'm almost sure the ultimate choice will be loosing your all powerful military or making the Americans pay for keeping the superpower status by extra taxation and cuts in the social security net.
And, for the third time, I don't think this makes us good or wonderful. It just means that we have a capacity to act in ways other nations cannot.
The KGB does it out of spite for some **small** countries.
They will never do it for a large client lie Germany or France or Italy.
It will cost them too much profits.
Small how? Ukraine is one of the largest countries in Europe.....
This is why the Deutsch think they are safe now.
Yes but Ukraine is also one of the poorest.
They don't loose as much when doing it as they would if they hit Germany.
Plus, Germany is the heart of the EU and the KGB knows they will have problems with the entire block if they do it.
This is why they are reluctant to make something so pushy. The business is just too good.
Sure sure. But consider as long as you have pipeline to an LNG terminal there is a limited capacity for Russia to do anything at all on that front. And there's going to be a lot of it (again mostly sold to Asia) because I think the Arabs and Persians finally figured out we do not care if they murder each other.