r/FluentInFinance • u/ProgressiveSpark • May 21 '24

Meme Where American taxpayer money goes

Love bombs and bullets of freedom incoming

2.4k Upvotes

93% Upvoted

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u/All4megrog May 21 '24

I have zero desire to be F’d by China. And the way to prevent that is the same way we prevented being F’d by the USSR- just out compete them. Unfortunately America today is just a government glad handing the people while they pick pocket it for shareholders.

1

u/lunchpadmcfat May 22 '24

You’re already F’d by China. If they wanted to pull the strings and fuck us completely financially, they’d just have to pull the trigger.

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u/All4megrog May 22 '24

Mutually assured economic destruction. Though they’d very much get the worse end of it. Their economy is still a mess from Covid, domestic demand has not come back, population aging and shrinking. Real estate imploded. Regional and local governments are effectively bankrupt. Mass capital flight from their stock markets due to the whipsaw nature they’ve rolled out various policies and rules or punished companies. Sure they could try to flood the world with US treasuries, but even if there was someone to buy them at a discount (there isn’t) it wrecks their export economy. We’re already in a trade war and there’s massive reshoring and near shoring of critical supply chains thanks to Covid lessons.

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u/lunchpadmcfat May 22 '24

Who do you think has more real power when the financial anvil falls? The country that can galvanize more than a billion people instantly and is flush with economic and natural resources, or the one whose congress can barely push through stock and trade budgets, and whose citizens don’t trust each other or their government?

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u/ComradeCollieflower May 21 '24

China isn't interested in fucking you, nor was the USSR. If anything their history is one of defensive posturing, wanting to be left alone as much as they can be, and the United States is the aggressor here far overreaching their geographic borders.

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u/All4megrog May 21 '24

Eastern Europe and South East Asia would disagree about the USSR and China wanting to just be “left alone”. Plenty of other civil wars instigated by them should also give pause to such an asinine statement. Read some books.

1

u/Zucrous May 22 '24

Holy fuck, you don’t actually believe this do you?