Dominance of West is coming to an end, former UK PM says

[RV Pundit]

China GDP - 24 trillion (PPP)
US GDP - 20 trillion.
Now if China allows Yuan to appreciate to it's level - it would equal US nominal GDP.
Chinese are just getting started - they are saving more than anyone - work harder than anyone - and are becoming smarter too.
US - are indebted to their eyeballs -
USD dominance is sustaining them
Now US sanction on Russia/China - show the world can one day wake up and switch off the USD.
US will be dead. It will have to pay for it's debt in YUAN or trade in KSHS.
The fall of EMPIRES happen so fast.

US with gov debt alone is 26 trillion !!!!!!!!!!!
Private American individuals and companies are also choking in debt!

Now compare to Chinese who saves upto 25% of their GDP or earnings - 15 percent above the develop world average.

Mess up USD and see fire.

US on debt crisis will fall so fast it will be begging for China FOOD AID like Srilanka is asking INdia.

Bottomline - US/EU/Kenya - are almost being sustained by Chinese SAVINGS.

US therefore is already begging China for AID (loans) - it's just using USD dominance to hide it - otherwise the begging bowl will be out like Kenya.

If today China announces it will stop buying US bonds - Biden will rush to Beijing.

The US on it's own is about 20yrs from seeking aid from China .

Only person who would make such a silly statement is one who has never been to either China or the US.  The US is not going down in our lifetimes. China is a shithole country (go there and see for yourself)

Warrent Buffet has to remind people every year to never bet against the US.  As much as people want it to happen, the US is the greatest country on earth and will remain so for the next 500 years or more ( no one is even close to it. Citing China or india is just a joke)

[Nefertiti]

There is only a handful of Chinese Jews and it is a well-known Israeli headache: how to ensnare rising China like it has done the US. Israel as a super-beneficiary of the US hegemony should be the first to join the anti-China or anti-Russia sanctions. But nope - they are firmly non-aligned. It is a good indicator of their perception of the geopolitical trend.

Are there any Jews in China to influence Chises foreign policy? I can see you are trying to implicate the Jews having the same influence in China as they have in the US. I think you are dreaming.

Look closely you will see likes of Israel - yes ISRAEL! - maintains a vague response in anything US vs China. The Saudis too - China is the biggest client and supplier - despite China keeping Iran afloat.

If you are Israel you have to maintain a keen eye on the horizon. You might need a new bff soon, you start courting him early. I can bet SWU is gearing up to be the new AIPAC replica in China.

[Kadudu]

We have discussed enough on US-China rivalry. Where is Africa or will we be pleased to be spectators for the next centuries?

[Nefertiti]

I see the EU as fence-sitters. Trump called them free-loaders. They will switch or realign to China more as the latter eclipses US economically.

It is not easy to craft new NATO or such because there are few or no common interests.

QUAD is a good example. It was crafted by Obama as a sort of Indo-Pacific NATO to contain China. But you find key member India has refused to even sanction Russia... playing both sides. Which makes the US powerless to punish them.

Agreed. The world may see multi-polar kind of interplay. China, India, US and  EU - will be running different spheres. China rise may be counted by United Western World like EU/NATO and India.

The US on it's own is about 20yrs from seeking aid from China . But as long as Europeans and American merge in NATO/EU- they will continue to dominate global politics.

[sema]

China GDP - 24 trillion (PPP)
US GDP - 20 trillion.

Pundit - stick to analyzing elections in zamunda.  Everyone knows the numbers in china are cooked. It's a closed society run by the CCP. Only fools believe what the CCP is telling them.

Once again, I advise to travel outside of kenya/africa and see the world for yourself.  Yuan will never, ever, become the world's reserve currency. When was the last time china won a war? how many navy ships do they have that can travel beyond a certain point? they can't even make fighter jets without them falling out of the sky 

America will rule the world for the duration of your life and the dollar will remain supremo. No country can presently defeat the great american empire.

[RV Pundit]

You sounds as mad as Njamba. Or is this your other handle.
US is going down. Russia is taking RuBBLES - not USD for their oil.
That is why Biden has run to kiss SAUDIs arse.
US is dead economy being sustained by USD as the global currency- that it print out of trouble - and make it's debt very cheap.
China rise is REAL - check all indicators - trade data/check their mega cities/name it.

If more China internationalize Yuan MORE (it already started) - and it can - by just entering contract on YUAN -
Even poor India is starting to want RUPEE to be used.

Once USD share of global currency reduces - it's will struggle to remain a float - because it's choking in debt.

As of now USD, RUBBLE , British Pound, Euro, Swiss Franc, YEN and Yuan - are part of global currencies that are kept for international trade and settlement.

USD still dominate but not for long. Russian have shown the way. The rest of big boys like India, Iran, China, Japan - will soon demand transaction in their own currencies - END OF USD.

End of USD will expose US debt ridden economy. Saudis and middle east can today wake up and demand payment for their OIL in DIRHAM   - what will US DO? Invade them. Nope - US will scramble to buy DIRHAM like everyone else.

Why would India and China for example trade in USD - they can decide to trade in Rupee and Yuan - like we do with Uganda and Kenya.

Pundit - stick to analyzing elections in zamunda.  Everyone knows the numbers in china are cooked. It's a closed society run by the CCP. Only fools believe what the CCP is telling them.

Once again, I advise to travel outside of kenya/africa and see the world for yourself.  Yuan will never, ever, become the world's reserve currency. When was the last time china won a war? how many navy ships do they have that can travel beyond a certain point? they can't even make fighter jets without them falling out of the sky 

America will rule the world for the duration of your life and the dollar will remain supremo. No country can presently defeat the great american empire.

[RV Pundit]

Russia rubble remain strong - because they dared the USD. Now many countries are seeing that they dont have to become slaves to US - they can take back full monetary policy of their countries - by simply demanding payment in their currency for the things they own.

You want to buy Kenya tea - buy it in KSHS. How will you get KSHS - shauri yako

[Nefertiti]

US fall will be dramatic like "Great" Britain suez canal shock. Britain had invaded Egypt with France - but the naked king was swiftly exposed - as they were squeezed out by US and Soviet.

One day US will wake up and find Saudi or New Zealand or even entire ASEAN have switched to yuan. US will demand immediate revert to USD and be simply ignored. After that it will be an avalanche.

Russia rubble remain strong - because they dared the USD. Now many countries are seeing that they dont have to become slaves to US - they can take back full monetary policy of their countries - by simply demanding payment in their currency for the things they own.

You want to buy Kenya tea - buy it in KSHS. How will you get KSHS - shauri yako

[Kadudu]

Very wrong. Anyone buying natural resources from Russia is forced to buy in Rubble. This has pushed the Rubble up as the demand is high. It is an artificial high and it will come down. Russia does not have high tech products like computer chips. The car manufacturing industry has come to a halt. Even the arms industry will have problems very soon as it needs computer chips which are hardly produced in Russia.

Also the demand for the US$ is up. Hardly any currency that has not lost to the US$. In times of crisis, people invest in currencies they have most confidence in at that present time.

Russia rubble remain strong - because they dared the USD. Now many countries are seeing that they dont have to become slaves to US - they can take back full monetary policy of their countries - by simply demanding payment in their currency for the things they own.

You want to buy Kenya tea - buy it in KSHS. How will you get KSHS - shauri yako

[RV Pundit]

This is just but the start. US and EU have definitely failed to sink RUSSIA and Russia is still kicking Ukraine gonads. Now countries like Iran and China who have been victim of US bans - are getting vital lessons.

British took off from EU because they want to control their money.

MONITARY policy is useless if you cannot print and control your money.

China has everything Russia wants - and all they need is to agree to use Yuan and Rubble. Russia export it energy and minerals to China - and it get all the manufactured goods it needs.

US and German are the main losers...we are all crying now...more than Russia.

Very wrong. Anyone buying natural resources from Russia is forced to buy in Rubble. This has pushed the Rubble up as the demand is high. It is an artificial high and it will come down. Russia does not have high tech products like computer chips. The car manufacturing industry has come to a halt. Even the arms industry will have problems very soon as it needs computer chips which are hardly produced in Russia.

Also the demand for the US$ is up. Hardly any currency that has not lost to the US$. In times of crisis, people invest in currencies they have most confidence in at that present time.

[RV Pundit]

US has to realize it cant no longer flex it muscle. When Trump tried against China - China just became self-sufficient tech wise.Huwaei still kicking arse.. Now against Russia same issue. Iran same issues. Soon the US will only threaten third world countries.

US fall will be dramatic like "Great" Britain suez canal shock. Britain had invaded Egypt with France - but the naked king was swiftly exposed - as they were squeezed out by US and Soviet.

One day US will wake up and find Saudi or New Zealand or even entire ASEAN have switched to yuan. US will demand immediate revert to USD and be simply ignored. After that it will be an avalanche.

Russia rubble remain strong - because they dared the USD. Now many countries are seeing that they dont have to become slaves to US - they can take back full monetary policy of their countries - by simply demanding payment in their currency for the things they own.

You want to buy Kenya tea - buy it in KSHS. How will you get KSHS - shauri yako

[sema]

It's hilarious to me to think that people out there actually believe that Russia a collapsing state ruled by a one man dictator where the average citizen is dying from heroin addictions, alcoholism and poverty is going to take over the world. How? what do russians make? it's a 3rd world economy.

And china? a country ruled by a closed communist party that doesn't dominate the world either militarily or economically. How many navy ships and fighter jets do they have?

Leave Africa pundit. No one is kicking down doors trying to get into russia or china even all those arabs that claim to hate the west were walking into western europe 

[RV Pundit]

Once you have nuclear - you dont need all those other weapons. End of story. North Korea is poorer than Kenya but it packs Nuclear. You cannot tell them anything unless you want to get hit by their long range nukes. Nuclear weapons ended wars on global scales.

Let talk economy. China is tops.

It's hilarious to me to think that people out there actually believe that Russia a collapsing state ruled by a one man dictator where the average citizen is dying from heroin addictions, alcoholism and poverty is going to take over the world. How? what do russians make? it's a 3rd world economy.

And china? a country ruled by a closed communist party that doesn't dominate the world either militarily or economically. How many navy ships and fighter jets do they have?

Leave Africa pundit. No one is kicking down doors trying to get into russia or china even all those arabs that claim to hate the west were walking into western europe 

[RV Heavy Hitter!]

China with 24 trillion economy and  1.5 billion people and US with 21 trillion with 300 million people!. When China hits 100 trillion, it will start coming close to the US on all fronts. I have cousins who lived in China for five years and graduated from Chinese colleges. They wish they could set foot in the US because, according to them, China and Kenya's living standards are about the same outside Beijing, Shanghai and gleaming cities. There are over 400 million Chinese living with lower living standards than people in Nyanza or mukuru kwa Njenga. Why do you think Chinese are all over Zamunda doing manual jobs and being hawkers in Zambia, Djibouti, etc.? Why are the Chinese and Russians still thronging to the US as illegal immigrants like the rest of the world? Why is China not transparent like the US? Don't believe the hype; believe Africans who are in China. There are 800 million Chinese living under $6 dollars a day and 200 million living under $ 3 a day. America decline remains a myth!

[RV Pundit]

Per capita they are still some long way. They are still not yet there. They are still maybe 300 cities that look like developed world and rural rice growing peasants. Africa is 50 cities with semblance of western world and huge swatches of rural wasteland.

But China as a country - is already a super-power - because Kenya gov prostrate before them - US gov depend on chinese to buy its debt - EU depend on china for loans - everyone depend on china for manufactured goods. This is REAL POWER.

Kenya gov if it see two phone calls - one from Beijing and one from Whitehouse - I bet they will pick Beijing first. China have the money to spend externally - maybe it can invest internally - but they are afraid of overheating their economy. That money is real power.

China with 24 trillion economy and  1.5 billion people and US with 21 trillion with 300 million people!. When China hits 100 trillion, it will start coming close to the US on all fronts. I have cousins who lived in China for five years and graduated from Chinese colleges. They wish they could set foot in the US because, according to them, China and Kenya's living standards are about the same outside Beijing, Shanghai and gleaming cities. There are over 400 million Chinese living with lower living standards than people in Nyanza or mukuru kwa Njenga. Why do you think Chinese are all over Zamunda doing manual jobs and being hawkers in Zambia, Djibouti, etc.? Why are the Chinese and Russians still thronging to the US as illegal immigrants like the rest of the world? Why is China not transparent like the US? Don't believe the hype; believe Africans who are in China. There are 800 million Chinese living under $6 dollars a day and 200 million living under $ 3 a day. America decline remains a myth!

[RV Heavy Hitter!]

The US on it's own is about 20yrs from seeking aid from China .

Only person who would make such a silly statement is one who has never been to either China or the US.  The US is not going down in our lifetimes. China is a shithole country (go there and see for yourself)

Warrent Buffet has to remind people every year to never bet against the US.  As much as people want it to happen, the US is the greatest country on earth and will remain so for the next 500 years or more ( no one is even close to it. Citing China or india is just a joke)

Lol, an Immigrants arriving in the US today can have a living standard better than 900 million Chinese living in China after getting a $15 minimum wage Job. It could be the reason why Chinese in the US commit suicide on the spot when threaten with deportation! 

[RV Heavy Hitter!]

Per capita they are still some long way. They are still not yet there. They are still maybe 300 cities that look like developed world and rural rice growing peasants. Africa is 50 cities with semblance of western world and huge swatches of rural wasteland.

But China as a country - is already a super-power - because Kenya gov prostrate before them - US gov depend on chinese to buy its debt - EU depend on china for loans - everyone depend on china for manufactured goods. This is REAL POWER.

Kenya gov if it see two phone calls - one from Beijing and one from Whitehouse - I bet they will pick Beijing first. China have the money to spend externally - maybe it can invest internally - but they are afraid of overheating their economy. That money is real power.

China with 24 trillion economy and  1.5 billion people and US with 21 trillion with 300 million people!. When China hits 100 trillion, it will start coming close to the US on all fronts. I have cousins who lived in China for five years and graduated from Chinese colleges. They wish they could set foot in the US because, according to them, China and Kenya's living standards are about the same outside Beijing, Shanghai and gleaming cities. There are over 400 million Chinese living with lower living standards than people in Nyanza or mukuru kwa Njenga. Why do you think Chinese are all over Zamunda doing manual jobs and being hawkers in Zambia, Djibouti, etc.? Why are the Chinese and Russians still thronging to the US as illegal immigrants like the rest of the world? Why is China not transparent like the US? Don't believe the hype; believe Africans who are in China. There are 800 million Chinese living under $6 dollars a day and 200 million living under $ 3 a day. America decline remains a myth!

Walmart, and top fortune US 500 companies manufacture products in China because of cheap labor. Most top notch manufacturing companies in china pumping the world products are American owned.

[Nowayhaha]

When rugby 7s used to be in Vegas used to go there every year.
All Casinos and hotels were filled up with Chinese . They run Vegas

The US on it's own is about 20yrs from seeking aid from China .

Only person who would make such a silly statement is one who has never been to either China or the US.  The US is not going down in our lifetimes. China is a shithole country (go there and see for yourself)

Warrent Buffet has to remind people every year to never bet against the US.  As much as people want it to happen, the US is the greatest country on earth and will remain so for the next 500 years or more ( no one is even close to it. Citing China or india is just a joke)

Lol, an Immigrants arriving in the US today can have a living standard better than 900 million Chinese living in China after getting a $15 minimum wage Job. It could be the reason why Chinese in the US commit suicide on the spot when threaten with deportation!

[Dear Mami]

John Mearsheimer is right. The American move re Russia past few years has been very daft. Should've kept their eye on the ball (China!) and roped Russia into their sphere. Putin was very desperate for Russian integration into the EU/West for a while. They tried to join NATO, for goodness' sake. A NATO/EU/Russia is a good container for a rising China IF you're interested in preserving Western dominance. And lets face it, Russians are Europeans (whatever technicalities are employed to deny/downplay this). Now they've gone and handed Russia to China for free!

[Dear Mami]

China with 24 trillion economy and  1.5 billion people and US with 21 trillion with 300 million people!. When China hits 100 trillion, it will start coming close to the US on all fronts. I have cousins who lived in China for five years and graduated from Chinese colleges. They wish they could set foot in the US because, according to them, China and Kenya's living standards are about the same outside Beijing, Shanghai and gleaming cities. There are over 400 million Chinese living with lower living standards than people in Nyanza or mukuru kwa Njenga. Why do you think Chinese are all over Zamunda doing manual jobs and being hawkers in Zambia, Djibouti, etc.? Why are the Chinese and Russians still thronging to the US as illegal immigrants like the rest of the world? Why is China not transparent like the US? Don't believe the hype; believe Africans who are in China. There are 800 million Chinese living under $6 dollars a day and 200 million living under $ 3 a day. America decline remains a myth!

The degree to which Chinese economic dominance will dwarf American's in a few decades will shock people like you, stuck in denialism, into premature white hair. Its not just about eclipsing the US. That's a foregone conclusion by now. By 2050, it'll be something like three times the US economy if I remember correctly. Mutashangaa sana. Dunia imebadilika! But as Pundit tells you here, it's actually just returning to the status quo that predominated for centuries before the recent Western colonial phase which is actually very short when you see it in context.