“Investment in AI-related sectors is critical to GDP growth [and the] US would be close to recession this year if it weren’t for tech-related spending,
given the whole geo political situation the us is, i don’t really see them recovering from this burst when it happens, and it will happen. i think if we are lucky it could very well be the beginning of the end of burger empire. of course it’s not like they will magically disappear overnight but they are failing agriculturally, technologically, economically and they don’t even hold the world hostage with the dollar anymore
Same, and it’s worth keeping in mind that back in 2008, China basically bailed the US out. They were by far the biggest buyer of US bonds then which helped stabilize the economy. There’s a fat chance of that happening this time around.
given the whole geo political situation the us is, i don’t really see them recovering from this burst when it happens, and it will happen. i think if we are lucky it could very well be the beginning of the end of burger empire. of course it’s not like they will magically disappear overnight but they are failing agriculturally, technologically, economically and they don’t even hold the world hostage with the dollar anymore
Technologically and economically I get, but what do you mean by the US failing agriculturally?
Same, and it’s worth keeping in mind that back in 2008, China basically bailed the US out. They were by far the biggest buyer of US bonds then which helped stabilize the economy. There’s a fat chance of that happening this time around.