Donald Trump is right. America is not as great as it once was. He wants to make it great again, but he is going about it the wrong way. America manifests weakness.
America may even become weaker. People won’t buy products from a nation they consider a bully. Trump is the face of America. He is perceived as being a bully. US exports have been up, partly because of desires to beat tariff considerations. But the chart below shows they are declining in the face of tariffs and ill will generated by Donald Trump:
https://tradingeconomics.com/united-states/exports
I don’t see China deploying troops all around the world with bases around the world as we have. We should be happy that China is a mostly peaceful nation. We will possibly make it otherwise, if Trump has his way. It is amazing that America has had decades to promote world prosperity, yet Africa is not prospering, and much of Asia is not prospering. Latin America has problems.
Why do we want the world to remain weak? We have done little to develop many areas of the world. We now are disturbed that China wants to develop those regions? Why? Is it because we are also weak?
The world is weak because of lack of potential energy. Gail Tverberg, Talkmarkets contributor has nailed the energy problem with her own research.
Reading many of today’s energy articles, it is easy to get the impression that our energy problem is a quality problem—some energy is polluting; other energy is hoped to be less polluting.
There is a different issue that we are not being told about. It is the fact that having enough energy is terribly important, as well. Total world energy consumption has risen quickly over time.
She warns of this:
Whenever there is even a small drop in energy consumption per capita, it seems to have an adverse effect. On Figure 3, even the small dip in energy consumption per capita in 2008 and 2009 led to a serious recession in many countries of the world.The people who talk about getting along with less energy haven’t thought through the likely ramifications of this. There would be fewer jobs that pay well because jobs such as those for construction workers would disappear. The economy would shrink, because of the fewer jobs, in a much worse recession than the Great Recession of 2008-2009.
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