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EUR/USD Analysis UpdateSince my last update on November 11, 2024, the EUR/USD pair has experienced a notable decline, breaking through the targeted price of 1.0425 and even testing the 1.0365 support line. This represents a cumulative drop of 300 pips since my last analysis and a significant total decline of 630 pips since I initially announced this multi-month bearish cycle. Fundamental Context The fundamental backdrop for this movement is consistent with expectations. The "Trump trade" has delivered the anticipated outcomes, contributing to an over 5% decline in the EUR/USD. Additionally, geopolitical uncertainties have driven investors toward safe-haven currencies, while the U.S. economy continues to outperform its European counterpart. An accompanying chart comparing GDP growth between the U.S. and the EU underscores this divergence, further supporting the strength of the dollar. Technical Analysis Key Support Level: After reaching the 1.0425 level, I previously suggested that we might see price consolidation as the market gathers strength for further declines. Notably, the daily candlestick on November 25 opened precisely at the 1.0425 level, with subsequent price action operating above this mark. -4-Hour (4H) Chart: Currently, the 4H chart shows the formation of a firm double bottom at the 1.0470 support line. This pattern suggests that the price action for this week is likely to operate within a range between 1.0500 and 1.0570. This consolidation phase could indicate a temporary stabilization before the market decides its next move. In summary, while the EUR/USD pair has experienced a significant decline, the current technical setup indicates a potential for consolidation in the near term. The formation of a double bottom suggests that traders may find temporary support around the 1.0470 level, with the range for the week expected to be between 1.0500 and 1.0570. However, the bearish trend remains intact, driven by fundamental factors that continue to favor the U.S. dollar over the Euro. As we move forward, close attention should be paid to key levels and any new geopolitical developments that could influence market sentiment.
FRED:GDP
by XAUBanker
1
Understanding GDP Growth: A Key Indicator of Economic HealthIntroduction Gross Domestic Product (GDP) growth is a crucial economic indicator that provides insight into the overall health and performance of a country's economy. As a comprehensive measure of a nation's economic activity, GDP growth reflects the value of all goods and services produced within a country over a specific period. In this article, we will explore the significance of GDP growth, its components, and the impact it has on various aspects of a nation's well-being. Definition and Components of GDP GDP is the total value of all goods and services produced within a country's borders in a given time frame. It is commonly calculated quarterly and annually. There are three main ways to measure GDP: the production approach, the income approach, and the expenditure approach. Each approach provides a unique perspective on economic activity. Production Approach: This method calculates GDP by adding up all the value-added at each stage of production. It includes the value of intermediate goods and services to avoid double counting. Income Approach: GDP can also be measured by summing up all the incomes earned by individuals and businesses within a country, including wages, profits, and taxes minus subsidies. Expenditure Approach: This approach calculates GDP by summing up all the expenditures made in the economy. It includes consumption, investment, government spending, and net exports (exports minus imports). Importance Here are some of the primary reasons why GDP growth is considered important: Economic Health - GDP growth is a fundamental measure of a country's economic health. A positive growth rate indicates that the economy is expanding, producing more goods and services over time. This growth is essential for creating jobs, increasing incomes, and improving overall living standards. Job Creation - A growing economy often leads to increased employment opportunities. As businesses expand to meet rising demand for goods and services, they hire more workers, reducing unemployment rates and contributing to a more robust labor market. Income Generation - GDP growth is linked to the overall income generated within a country. As the economy expands, incomes generally rise, providing individuals and households with more financial resources. This, in turn, contributes to an improvement in the standard of living. Investment Climate - Investors and businesses often use GDP growth as a critical factor in assessing the attractiveness of a country for investment. A growing economy suggests potential opportunities for businesses to thrive, encouraging both domestic and foreign investments. Government Policy - Policymakers use GDP growth data to formulate economic policies. High GDP growth rates may lead to expansionary policies aimed at sustaining economic momentum, while low or negative growth rates may prompt policymakers to adopt measures to stimulate economic activity. Consumer and Business Confidence - Positive GDP growth contributes to increased confidence among consumers and businesses. When people perceive a growing economy, they are more likely to spend money, and businesses are more inclined to invest and expand. International Competitiveness - A country with a strong and growing economy is often viewed as more competitive on the global stage. A robust GDP growth rate enhances a nation's economic influence and can attract international trade and investment. Government Revenues - Higher GDP growth rates can lead to increased tax revenues for the government. This additional income can be used to fund public services, infrastructure projects, and social programs, contributing to the overall development of the nation. Debt Management - Economic growth can help manage a country's debt burden. A growing economy typically generates more revenue, making it easier for the government to service its debt without relying excessively on borrowing. Poverty Reduction - Sustainable GDP growth is often associated with poverty reduction. As the economy expands, opportunities for employment and income generation increase, helping to lift people out of poverty. Conclusion In conclusion, Gross Domestic Product (GDP) growth stands as a cornerstone in understanding and evaluating a nation's economic well-being. Through its comprehensive measurement of all goods and services produced within a country, GDP growth provides valuable insights into economic health, job creation, income generation, and various other facets that collectively contribute to the overall prosperity of a nation. The three approaches to measuring GDP—production, income, and expenditure—offer distinct perspectives, ensuring a holistic understanding of economic activity. The importance of GDP growth cannot be overstated, as it serves as a fundamental gauge of a country's economic trajectory and influences crucial decision-making processes at both the individual and policy levels. The positive correlation between GDP growth and job creation underscores the role of a thriving economy in fostering employment opportunities and contributing to a robust labor market. Additionally, the impact on income generation translates into an improved standard of living for individuals and households, reflecting the tangible benefits of economic expansion. Investors and businesses keenly observe GDP growth as a key indicator when evaluating the potential for investment. Government policymakers, armed with GDP data, craft strategies to either sustain economic momentum or stimulate activity, underscoring the pivotal role GDP growth plays in shaping economic policies. The ripple effects of GDP growth extend to consumer and business confidence, international competitiveness, government revenues, and effective debt management. A growing economy not only instills confidence but also attracts global trade and investment, positioning the nation favorably on the international stage. Perhaps most importantly, sustainable GDP growth is intricately linked to poverty reduction. As the economy expands, opportunities for employment and income generation increase, contributing to the uplifting of individuals and communities from poverty. In essence, the study of GDP growth goes beyond mere economic statistics; it serves as a compass guiding nations towards prosperity, inclusive development, and an improved quality of life for their citizens. Recognizing the multi-dimensional impact of GDP growth enables policymakers, businesses, and individuals to make informed decisions that foster long-term economic well-being and societal advancement.
FRED:GDPEducation
by financialflagship
MV=PQ RevisitedHistorical data can be hard to compare against modern ones. The longer back an analyst goes, the better the results of their analysis. 100 years of yield rate analysis may seem enough... 5000 years of interest rates however is a whole new story. Money has been as cheap as it has been for the past 5000 years. Incredible numbers... Source: www.trustnet.com Fun Fact: Banks have existed since the early days of humanity! Unsurprisingly, trading is not a modern invention. Many agree that yield rates have been too low and equities too high. Some go against the flow and suggest that the stock market bubble has yet to come. I have been looking here and there, trying to find the reason the .com bubble was created in the first place. With that in mind I hoped that I would find when the next one will come... Price has just skipped through the previous ceiling, and is now in a new territory. The drawn channel suggests that SPX hasn't reached the top of its channel. There are many more comparisons that may suggest that equities haven't peaked. By comparing DJA with one of its subsets (DJI) we have concluded that the DOW hasn't saturated yet. This analysis above is as classical as it gets. While many thought equities would die ... ... the Bane of Traders has trapped many of us, myself included. Big-Tech dominance inside Nasdaq Composite suggests that a .com bubble may be brewing inside IXIC, just like we saw in SPX/CPIAUCSL in 1994. Onto the basics of financial now. MV=PQ is one of the foundations of how economies function. For more information read my previous idea: For simplicity reasons, we merge PQ. I don't have financial data for each one of them. PQ for the US is considered as the GDP. Another example of GDP can be SPX, which extends beyond the limits of US soil. GDP has been slowing down... USGDP is the total cost of all products produced in the US. A slowing GDP means a slowing net-production of the US market. If productivity hasn't changed significantly in the past decade, a slowing GDP may be due to falling prices. And with yield rates nearing zero in 2020, we can safely say that inflation has turned negative in the US. A slowing GDP may also mean that equities have slowed down. This gives more importance to the incoming-equity-bubble scenario. An equity bubble may come for some, but not for all. The tide has turned in favor of NDX against IXIC, and DJI against DJA. Charting suggests wealth accumulation in a smaller part of the main idices. GDP may be breaking out. With money velocity (main chart) in record-low values, we can expect faster money flow in the years to come. That means increased productivity/inflation/GDP. As expected, long-term inflation may also be breaking out of its decreasing trend. Don't forget: High inflation may be a problem for some. An increased GDP growth caused by high inflation will certainly help the chosen big-ones. There cannot be high GDP with nobody profiting from it. To get rich you must inherit or steal. -Aristotle Onassis In the end, trading hasn't changed at all in 5000 years. There are still pirates, kings, queens, emperors and peasants. Markets will march upwards with or without us. Tread lightly, for this is hallowed ground. -Father Grigori
FRED:GDP
by akikostas
1
Return To BaseA "back to the basics" analysis. Let's leave behind the stock markets and look at the slow and deep fundamentals of the worldwide economy. Today I will attempt to make a simple analysis using GDP. This is the net profit of one country. The miracle of China caught the West in the sleep. It outperformed the largest economy of the world. And by incredible speeds. Many use the "stochastic" indicator, and rightfully so. The word stochastic may be coming from the Greek word "stochasmos" which means "thought process". To get a new perspective on these charts we must let nature think for us objectively. The mind of nature spoke. The miracle of China is fading. And the same happens when compared to the "treasure" called Taiwan. Many are willing to fight for it. For experimentation, let's compare the US with the Eurozone. For some unknown-to-me reason, GDP has embedded in it the relative strength of currencies between the two countries. Do note that all GDP is measured in USD. In a sense, relative GDP growth is another way of comparing currency strength. We have gone from comparing equities, to comparing GDP. We concluded that comparing GDP is simply comparing purchasing power of two countries. Currency strength comes from yield rates. The power is given from those who make and define money. Supply + Yields. Power = Money Supply * Money Strength MV = PQ Tread lightly, for this is hallowed ground. -Father Grigori P.S. You want to see an Easter Egg? Consider the following equations: MV = PQ Q = GDP M = M2SL V = FRED:M2V P = "price level" 1 / P = "currency strength" Currency Strength = Q / MV In the end, it is up to the FED to decide the future.
FRED:GDP
by akikostas
We've been in a recession since 1997Hello friends. Here is an interesting observation. When you adjust the United States GDP numbers by the United States M2 Money Supply (Supply of dollars), it turns out that it has been dropping substantially since 1997. This means that adjusted for the abuse of the dollar, US GDP has been falling for the past 26 years! It seems logical to make this kind of adjustment since when we have more money, the GDP will obviously rise, but that doesn't mean that there has been actual growth. It turns out most of our economy's growth was really just money printing, and there has not been enough innovation in recent decades to cause some true growth that outpaces the printer. At this time, we would need the GDP to proceed at a breakneck pace of around 10% per year in order for the GDP to simply stay flat with the money printer. We think this won't occur any time soon, and the recession will continue right up until superintelligent AI is developed which will bring about so much innovation that GDP may finally outpace debasement.
FRED:GDP
by bowtrix
3
Will the US be Able to Evade a Recession in 2022?Yes, I believe so. The collapse of the Russian economy will hit Europe and Asia a lot harder than the United States. It's hard for the ECB's hawkishness to be taken seriously when Europe can't even get their hands on natural gas, oil or corn. The US is coming off the backs of very accommodative stimulus and Americans consumers are ready to spend. American commodity producers will record record profits. The US labor market is tight and salaries are still increasing. US tech stocks have been beaten down but, risk-off sentiment could stir interest in them. Energy Prices, Inflation and Monetary Policy are all very closely linked. Easy monetary policy and cheap energy lead to inflationary forces and economic growth. When the economy grows, so does production, leading to a lower unemployment rate, further fueling demand. A tighter labor market leads to increased wages. However, GDP eventually peaks and the cycle starts reversing on itself. Energy prices rise as the economy expands due to supply/demand dynamics. Higher demand leads to higher prices. As higher prices burden consumers, GDP slows and energy prices lower due to lower demand. Energy Producers love higher prices. As soon as the Raw Material prices spike, Energy producer raise the price paid by consumers. Breakeven for Oil producers is around $40-$50 a barrel. Consumers pay high prices for a longer period of time because, producers act as slow as possible to lower prices and maximize profit. High amount of profits allow for energy producers to more easily obtain supply. Oil is a very supply/demand driven market. Oil prices recently spiked due to externalities from Ukraine/Russia tensions and supply chain issues (Oil transport, refinement, etc.). China is one of the biggest importers of Oil and China is headed into a recession. Additionally, North American supply will be able to tame extreme moves. It is important to note that consumers are in better position to absorb these higher prices. Worries around Covid have dropped. The world is finally returning to normal and people are willing to stomach high to spend discretionarily. Higher prices will stick around because gas, wheat, corn and fertilizer will be in low supply due to Russia/Ukraine. But the EU/Asia/Africa will be hit harder than the US. Americans aren't really concerned about not having power or food; they are concerned about paying a bit more for it. However, Europeans don't have natural gas, Africans don't have food, etc.. These issue hit a lot closer to home for EU/Asia/ Africa compared to the US. Growth is expected to also slow in these countries as high energy prices lead to weaker demand. The recession in Russia will bring down the rest of Europe. This will prevent EU/Asia/Africa banks from taking a hawkish policy. Additionally, the dollar has appreciated in the global risk-off trade. Commodities are priced in dollars so, they are more expensive for EU/Asia/Africa. The US has the tools and is in the position to evade a recession in 2022. Expect the Dollar to rise. There will be hidden gems in the US to invest in, in 2022. North American producers of fertilizer, corn, shale and Natural Gas will see increased revenue... The difference between Core (without energy/food) and Non-Core CPI is worth noting. The fed has mainly been focusing their policy around Core CPI but, now is being forced to tackle raging Non-Core CPI. The problem is the fed only has tools to combat Core CPI. Raising the fed funds rate isn't going to solve the trucking problem, oil supply chain, trade sanctions, etc. Nevertheless, the Fed's ultimate goal to increase Economic Growth. They do not want to get in the way of that. Once, we see negative GDP growth, the fed has effectively failed and a recession ensues. Markets will predict more rate hikes than the fed actually acts upon. The fed's main goal will be to keep real interest rates as negative as possible so, they will need to raise the inflation expectation. Real Rates are very negative meaning that conditions are more or less stimulative. Banks are incentivized to loan their money out to needy consumers hedging against inflation. Yes, however these type of bank loans lead to higher default rates and increased capital prices. However, low real interest rates did not cause the price inflation we are seeing now. The price increases we are seeing now are mostly due to supply issues. The covid crash which occurred in March 2020 plunged GDP growth and a recovery was made possible by the fed. The fed is behind the curve but that is the only place they can be. They can't stifle economic growth too soon. But now the fed's hand is being forced to move. The fedfundsrate has just been increased to 0.25%-0.50%. The fed is walking a tight rope. Powell hinted, for the May meeting, it is entirely possible the fed decides to pursue a bit of balance sheet reduction instead of raising rates. High energy prices means, goods become more expensive, electricity bills rise, etc. The consumer is forced to divert their discretionary funds to buy staples. . Since November, Consumer Staples have vastly outperformed. If bearish conditions persist expect staples to continue to outperform. American consumers are very strong and are looking to spend coming out of the 2020 - 2021 covid spikes. Economic growth in the US expected. However, across the Pacific and Atlantic the story is falling growth and production. The Fed is in the process of accumulating ammo, in the form of rising fed fund rate and maintaining high inflation expectations, getting ready for a 2023 recession. The end of 2022 will be when the US struggles with growth. Copper looks like it is running into overhead resistance. The Copper to Gold ratio signals potential relative strength in Gold. Copper is like a proxy of manufacturing and economic expansion.When Copper rises the economy expands.
FRED:GDP
by arama-nuggetrouble
3
How the west economy is reliant on modern atlantic slave tradeIf Hitler started an NGO to give money to poor Palestinians he'd have exterminated the jews with western donations. If you take a 10 year old kid the cost for the west to produce a wageslave will be higher, maybe 40k, but it's still money saved, and they can start the brainwashing younger. The west is losing their grip on Africa, things will change. Migrants will stop coming and even leave and this will happen before the end of the century: - Cheap healthcare personel will not exist anymore - Sexual exploitation of poor women by boomers will end - Nationalists will let it happen with a smile of relief - The economies will tank, the standard of living will be below east europe (already almost there) - Ethnic tensions will go up in the west like Yugoslavia - You will kneel and kiss our feet, and we will enslave you - I will point and laugh and say "told you so" I think part of it is the french want revenge for getting enslaved for centuries by pirates and sahelian tribes. Don't you worry, will all the harm you have done soon things will go back to normal "just comply and you will gain your freedom soon enough". Libya same story. The country societal pillars were destroyed by the west commies with their childish utopias. And the council of tribes said Gaddafi son was the only one they'd let represent them. Tripoli is in the hands of militias of slavers, well done democracy. Once the west falls, and it will snowball as migrants will stop coming and even leave, Africa will finally be able to get rid of this "democracy" (even the USA doesn't have a direct democracy, why doesn't west Europe try to bring their utopia there?), and go back to solid traditional societal pillars. The tribes will manage to agree and work together. The danger is to overdo it, to become too traditional. Under Ghadaffi Libya was very developed, the before after pictures are insane. The Emirate Arab United managed to united, I do not know this place well and I know they are 10 times more indian workers than arabs but at least they worked together and got very developed and rich. It's beyond belief how gullible and stupid and submissive westerners are, I do not wish to ever argue with them, they will be the slaves of the arabo-berber tribes because that's all they are good for. With the exception of Anglo-Saxons and Vikings as covid has proven. The stereotype was true who would have thought? "Oh noes so much war and misery in Africa" gee yes I wonder why, and it always happens after you help them damn how come? Must be 5000 coïncidences by now. Lmao the black arab-berber Toubou tribe of south Libya has 33% R1b dna markers, this is the gene from west Europe, how did it end up there? XD Slaves from the coast south of France is my guess. It's ok to mix with them because it is the same race. And they can select the ones they want to keep in their gene pool. 400 AD south of Roman Gaul: "These puny barbarians can't touch us we are advanced" 500 AD south of Roman Gaul: Frankish rulers overhear the gaul nobles they just shaved say it was "humiliating", for daring to say such a thing they are put to death :) When pirates captured Julius Caesar he told them "I will come back, I will find you, and then I will execute you" They laughed And then he came back :) Here is a printable version:
FRED:GDP
by MrRenev
1
GDP is Collapsing!If you compare GDP to the amount of currency in existence, it has been falling for 2 decades! Remember, M2 is a fraction of the total money supply, therefore GDP has fallen by even more! Ironically, people fail to realize that Money Velocity, what they point to as causing "deflation", is a much better indicator of stagflation! It is likely that the exploding currency supply will begin to leak into goods and services rather than remain within the financial system! This will send GDP higher, which of course all the politicians will point to as proof of the success of their policies, but in reality this will simply means bigger bills for you at the grocery store!
FRED:GDPLong
by UnknownUnicorn4195243
1
Debt / GDP and other economic dataAll series are on their own scale. This chart serves 1 purpose, to see change in the values relative to their own range, over time and thereby giving a visual way to see how they moved versus one another over time. The chart is broken down by presidential terms. This chart does not imply that any one president caused or did something, it's simply a good way to get an idea of what was happening as the executive budget and current ideology has an impact on debt levels.
FRED:GDP
by turbotrainedbamboo
3
The fall of the Soviet UnionThe president of the Minneapolis City Council says the city’s Police Dept. will be dismantled and replaced with a “transformative new model of public safety.” They vote friday. Council members have also shown support for ANTIFA. "A tribune of the plebs assaulted on the steps of the Senate house! Can you imagine a more terrible sacrilege? Our beloved Republic is in the hands of madmen. This is a dark day, and I stand at a fork in the road. I can abide the law and surrender my arms to the Senate - and watch the Republic fall to tyranny and chaos. Or, I can go home with my sword in hand and run those maniacs to the Tarpean Rock!" - Julius Caesar. Between 1990 and 1994 the PPP GDP per capita in the USSR (former states) dropped from over 14000 2011 USD to under 9000 2011 USD. It bottomed in 1996-1998 at $8000. Late 80s: Growing unrest in the member states, among other reasons growing inequality causing anger (so much for communism), divide, also price of Oil crashed dramatically in 1986, I don't think they were hedged (communists hate capitalism but they believe in markets right? I don't even remember, anyway they got screwed here). Free money is gone :( Some revolts, some states electing different governments, not going to get into it... 1989: Revolutions in East Europe. The people of the USSR made a democratic choice for the first time since 1917 (the tsar had been replaced by dictators). Fun fact capitalist propaganda started as they allowed for the first time a non soviet channel to broadcast and push their own agenda: CNN. (LOL!). The USSR started getting more liberal. I wonder what rich speculator helped the collapse... Anyway, the 6 satellite states of east europe that weren't part of the USSR before WW2 left communism, Romania left communism after a violent revolution. "An estimated 2 million people joined hands to form a human chain extending 600 kilometres (370 mi) across Estonia, Latvia and Lithuania, which had been forcibly reincorporated into the Soviet Union in 1944 (they were not like the 6 satellite states but fully integrated in the union)" No one knows or cares except a handful of historians what their cause was, it's so irrelevant lmao. In some countries people made demands to secede from the union, they got arrested I think, then they were violent protests, the central government responded with force, which made more people want to secede. And like we are seing in Europe now, the initial protests in the USSR led to the 1989 Tiananmen Square protests in China. Minorities got hunted down, lmao virtue signalling didn't do them much good. 1990: Ukrainian became the official language of that country, russian it was no more (perhaps some cities in the US will take spanish as official language). 6 states voted for "evil ultra nationalists fascists" rather than the commies, and started removing some of their laws and making their own laws. On May 29, 1990, Yeltsin was elected chair of the Presidium of the Supreme Soviet of the RSFSR. Gorbachev was general secretary of the Communist Party of the Soviet Union, he did not endorse Yeltsin. Even Russia was getting nationalistic. On July 12, 1990, Yeltsin resigned from the Communist Party in a dramatic speech at the 28th Congress. Soviet states voted their own laws 1 by 1, distanced themselves from the soviet communist party, some started a process of nationalist independance. 1991: Trying to keep it short enough. The whole process kept going. In June 1991 Boris Yeltsin became Russia president. And then Russia declared itself independant and Yieltsin denounced the dictatorship of the soviet establishement. So for those that were thinking the USSR was Russia conquering all the small countries and them wanting to leave well not really, Russia left first :D. On August 18, 1991, concerned members of the Communist party in the military and government placed Gorbachev under house arrest. The official reason given for his imprisonment was his “inability for health reasons” to lead as president, though the public knew better. Leaders of the coup declared a state of emergency. This is called the August coup. The deep state / communist coup leaders expected massive popular support but NOPE. They stormed the area around the White House. Thousands of moscow citizen came to the White House and barricated it. Boris Yieltsin Russia president exited the White House symbolically and held a bible - wait no he held the russian symbol so a tank, he climbed on the tank and made a speech which rallied opposition to the coup. Members of the coup refused to storm the barricaded building. Communist agents had not, or had not well, blocked signal around the White House so russian citizen were able to watch what happened via... CNN! (Their FOX news) The coup failed in 3 days. This does not sound like the USA at all! You got the communist news networks of course censoring events, but Fox news that is patriotic and pro Trump is showing it all and of course now you got social media even thought the big titans that have almost all the viewership for the most part control the narrative and can hide or discredic anyone that oppose the uprising. It' all very similar but saying "we are here" for every detail is idiotic. Events are going to unfold, it will be very similar, but every detail and the outcome won't all be the same. On August 24, so just after this, Ukraine declared independance. Strawberry forehead dissolved the commie central commitie. And then a few weeks after this, every thing just went parabolic with every one declaring their independance. December 8: accords proclaiming the USSR has ceesed to exist signed by a few states, then over the next 2 weeks the russian supreme soviet signed it, and other states. The states formed a loose commonwealth of states. Gorbie called it a coup against the constitution or something. 25 december 1991: Gorbachev’s resignation as president was inevitable, and on Christmas Day, 1991, he gave up his office, saying, “We’re now living in a new world. An end has been put to the Cold War and to the arms race, as well as to the mad militarization of the country, which has crippled our economy, public attitudes and morals.” The mighty Soviet Union had fallen. Reminds me of the new millenia speech Yieltsin made "this is my present" or something. Putin next? After this, GDP fell but it was inevitable I guess. Russian male life expectancy dropped dramatically (and so "mail order bride" services became a thing), the USA become the world super power and everything. They have turned to a market economy after this, not going to go into the details. Since then former states populations have lamented the fall of the union. Especially older people. Of course they weren't a super power anymore so they got bummed out but the super power status wouldn't last forever anyway. Communists that made "we will win" calls are nowhere to be found. The "the US will collapse and the world will become communist in 50 years" did not age well. And I hope they keep not aging well geez. So now let's see how the USA thing evolves. I'll make some calls just for fun: Republic of California with the 3 states on the west coast. I don't know. Maybe it splits into 3 big countries? Maybe they split into 50 and have some alliance or something but nah, some states are too small to be their own country. And they hate each other too much at the moment. Republic of California + South states + North East states? That seems to be what makes the most sense. "The main obstacle to a stable and just World is the United States or America" - George Soros, The Age of Fallibility: Consequences of the War on Terror, 2006 Since the USA are the only super power, left unchecked, and they have world reserve currency status, they have been policing the world and spreading everywhere taking actions for their interests. The USA are the USSR, West Europe is China. In the late 80s early 90s China growth dropped, and so will West Europe, China then started a socialist market economy, opened stock markets, reduced poverty. If the US go communist does this mean Europe too? o.0 We're already there anyway. Not the globalist woke bs. The states of NA are going socialist (west & north east coasts), and if they split and become nationalist, this means national socialism? If blacks all migrate to sya california promising them free stuff and are national socialists, they could exterminate the whites. I don't think this is likely. I don't really think that much we go towards globalism. There's the UN, things like that. The WHO has been criticizing China since the USA dropped them. Soros is right, look at what the USA did to Iran. Huge Oil reserves but can't use them. Doesn't matter if they are right or wrong, they make their own choices, if they want a "supreme leader" that scams them, good for them. Alot of the terrorism comes from the hate for the all controlling super power. Just build a wall and don't let millions of people in... Still fight terrorism with Europe & Japan. Making Countries poor so they cannot afford bombs does it work? I think poverty makes them do more terrorism. The USA have abused their status also via trade and more, and regardless of conspirators or not, the inequality is super high - cause by them abusing their status without giving back to the 90% - and the country got caught up by China. It wouldn't last forever. Is it really such a huge deal if say the country splits? Doesn't change much... Look no one went and invaded Russia after the fall of the USSR. 3 United States can defend themselves np. I don't know if they can defend themselves from each other but from other nations np. Who's going to attack them? China over the pacific? Influence will go down, cry me a river. Better than the mind controlling super power "think this think that support gay rights or we delete your country exports" americans themselves are tired of it. "Sanctions". Lmao the USA are sanctionning themselves now. Their economy is absolutely dead. I've never been to the west and norteast coast, and if they split, I don't think I'll ever go there, yuck. It should all unfold pretty fast over the next 3 years imo, but never know. I would like west europe to focus on itself and stop doing protests just because the US are. And if the communists take over the USA, well then they just solved their immigration problem, no one will want to come kek.
FRED:GDPEducation
by MrRenev
2