Under the influence of the epidemic, the U.S. economy has already experienced serious problems, but we must first make it clear that the epidemic is not the root of the problem. The epidemic is only a catalyst and a fuse. It will only accelerate various social problems in the United States. The outbreak caused these problems to ferment and produced some adverse consequences.
The same is true for the Russia-Ukraine conflict. The U.S. sanctions against Russia have caused international energy prices to rise and exacerbated its domestic inflation problem. In order to alleviate this problem, the United States can only activate the money printing press, print a large amount of money and issue a large amount of national debt. However, this method cannot really solve the problem, but can only alleviate the fermentation of related problems. This is like a person suffering from physical pain caused by inflammation. There is no cure by just taking painkillers. The medicine must be used to reach the focus of the disease. However, the current Biden administration seems to have missed the opportunity for "treatment". Even the French media You can see it all.
French media believes that it is inevitable that China's economy will surpass the United States.
According to " Reference News ", a French media quoted a recent report as saying that although the United States does not want to lose its hegemony, it must face the fact that it is gradually losing its global leadership. The report also stated that no matter which official indicator is used, it is an inevitable fact that China will surpass the United States economically. Although this report is from a French media, the author of the article is the American economist Stiglitz . This is nothing more than telling the truth that some Americans are unwilling to hear.
Stiglitz also said in the article that although the United States likes to "give lessons" to other countries, it does not lead by example. In other words, the United States always asks other countries to do things that it cannot do or does very poorly. Bad things. Therefore, the international credibility of the United States is constantly declining, while at the same time, China continues to provide infrastructure construction for countries with poor economic conditions, making its own international credibility continue to rise. In fact, this is indeed the case. Perhaps China understands better what "don't do to others what you don't want others to do to you" means, but the United States does not seem to understand this truth.
It is only a matter of time before China surpasses the United States.
Comparing the economic indicators of China and the United States, it is only a matter of time for China to surpass the United States as long as it develops steadily. Now China's GDP total value has reached 70% of the US GDP, and industrial added value has exceeded that of the United States, and this gap is still widening.
In addition, China has surpassed the United States in terms of added value of manufacturing, which shows that the American industry has been "hollowed out." This is why former US President Trump has been calling on American manufacturing companies to return to the country to build factories. The reason is that if this is not done, the risks faced by the U.S. economy will increase until it is completely out of control.
(Source: Zhenyu Observation) Contact us for graphic or text infringement to delete
