anyone else secretly hoping the US economy will collapse?

[Nikitn]

I'm wondering if I am alone.. Would be fun to see what the new world will turn out to be...

So, anyone wants to guess what the consequences would be?

[Exarch]

what do you mean by 'collapse'?
specify certain sorts of actions one would expect from a collapse.

btw, i'm reminded of a funny bit from cracked.com where the soviets sent a message to the white house saying 'you're right, comrade, capitalism lasted longer than communism-about 20 yrs longer' lol

[Vizsla]

Depends what you mean by collapse.
If you mean 1929 style Wall Street Crash, then no – not because I care what happens to Americans - but because there would be knock on consequences for me, and the whole world.
I prefer the scenario where the US dollar ceases to be a reserve currency. (This is already happening.) This removes the capacity for the US to massively borrow to supply cheap debt to people who can’t pay it back. Once the Americans stop doing this my financial world becomes a safer place.
I still feel some lingering concern over who replaces the US as top dog in the world, once the American Economic Empire recedes. I’m hoping for a balance of interdependent, more or less equal, economic powers, with competing self-interests, that balance each other out. That all depends on what happens in China.

[Goldfingero]

What do I gain on it?

[Armenum]

of course it would be interesting, but remember if the US economy collapsed, the world economy as a whole would greatly suffer, after all we live in a world with a global economy now.

[★Bandiera Rossa☭]

of course it would be interesting, but remember if the US economy collapsed, the world economy as a whole would greatly suffer, after all we live in a world with a global economy now.

China would probably survive that, then the workers of China can overthrow their government and we can get the revolution going.

[Exarch]

the USG will use its well funded military before its economy collapses completely

nothing revives the economy like a major war

[Armenum]

the USG will use its well funded military before its economy collapses completely

nothing revives the economy like a major war

Did Iraq War help the US?? Conversely, it deepened the debt of the US, put a big strain on the military, and harmed its international reputation. Effects vary for each war.

[Dubh the dark]

Did Iraq War help the US?? Conversely, it deepened the debt of the US, put a big strain on the military, and harmed its international reputation. Effects vary for each war.

That's because war has changed. The real profit of the war goes to those private corporations that make, the bullets, bombs, uniforms, who cook the meals, set up bases etc. Not the mention the PMC's who expanded hugely during the wars in Iraq and Afghanistan. Rather than filtering back in the public purse, the money is transfered to private interests.

[Mr. Scott]

Did Iraq War help the US?? Conversely, it deepened the debt of the US, put a big strain on the military, and harmed its international reputation. Effects vary for each war.

Was the iraq war a major war? No... it didn't have the whole nation turn into a war economy. Little changed in the daily lifes of americans during the war.

I mean, the only possible war that would requir the US to mobilize its economy into full drive would be like a war with all of Eurasia at once. Or a civil war .

If the US collapses then the world economy collapses. I mean a US recession brought the world into a recession. Think of what an American collapse would do. Although the US economy is too big and stable to collapse. Its a safe economy to bet on.

[Exarch]

If the US collapses then the world economy collapses. I mean a US recession brought the world into a recession. Think of what an American collapse would do. Although the US economy is too big and stable to collapse. Its a safe economy to bet on.

well that remains to be seen; the Great REcession has shaken a lot of countries' faith in the US economy in light of its debt, and other countries are now looking for ways of diversifying away from US Treasuries;
that's why gold and precious metals and oil are so high right now

[Armenum]

Was the iraq war a major war? No... it didn't have the whole nation turn into a war economy. Little changed in the daily lifes of americans during the war.

I mean, the only possible war that would requir the US to mobilize its economy into full drive would be like a war with all of Eurasia at once. Or a civil war .

If the US collapses then the world economy collapses. I mean a US recession brought the world into a recession. Think of what an American collapse would do. Although the US economy is too big and stable to collapse. Its a safe economy to bet on.

During the world wars however, the US didn't have a large standing army. So it had a lot of work to do when war time came as it had create all the weapons, machinery, clothes, etc. However in the present day the US has a very large standing army, and I do not believe a major war even at the magnitude that you propose will significantly help the US economy.

[hellheaven1987]

nothing revives the economy like a major war

Indeed, US economy was good during Iraq War... Or was it??

[Jaketh]

the USG will use its well funded military before its economy collapses completely

nothing revives the economy like a major war

This

Just look at world war 2, it was the best thing to ever happen to America, it turned America from a regional power and into a world superpower in 5 years. Britian didnt fully pay off its debts from lend lease until a few years ago lol

[Vizsla]

the USG will use its well funded military before its economy collapses completely

nothing revives the economy like a major war

China will have about 30 million single men with no available women to marry in 10 years time. They will need to dispose of them somehow, otherwise they might start a revolution or something, war is as good a way as any.

[hellheaven1987]

China will have about 30 million single men with no available women to marry in 10 years time. They will need to dispose of them somehow, otherwise they might start a revolution or something, war is as good a way as any.

That is overexaggerated; for past ten years an interesting situation is happening in Taiwan - more and more Taiwanese male marry foreign wives. If Taiwanese can do same thing, mainland Chinese can also import foreign wives to balance the population ratio.

[Vizsla]

That is overexaggerated; for past ten years an interesting situation is happening in Taiwan - more and more Taiwanese male marry foreign wives. If Taiwanese can do same thing, mainland Chinese can also import foreign wives to balance the population ratio.

Yeah but who wants to marry dirt poor Chinese peasants? Taiwanese are rich.

[Exarch]

Yeah but who wants to marry dirt poor Chinese peasants? Taiwanese are rich.

russian girls have been reportedly marrying Chinese 'peasants'

Perhaps, although it would also mean a complete rebuild of world economy with millions men become jobless including a considerable military class men.

We all know what happen when military men are fired in mass without pension.

sounds like how the Federation is created from Heinlein's 'Starship Troopers'
plus given that gun ownership is legal in the US-the chances for a revolution are high; that is, unless the bread and circuses dry up.
that means, prepare for American Idol Season 87 and JErsey Shore season 56

[Haakon]

the USG will use its well funded military before its economy collapses completely

nothing revives the economy like a major war

The US was close to bankrupcy during WW2.

[Imperial]

The US was close to bankrupcy during WW2.

I think you mean before WW2.