Since my parents left for China, Raj has already done two rounds of dishwashing! That's a record! Two times! Meaning loading the dishwasher up and turning it on. Two times! Usually, he hits that number in a year. Seems like to put men to work, they do need to be scolded.
Obviously, Raj won't agree that we leave America now. We are just getting citizenship (fingers crossed), and his new startup is doing exceptionally well. However, from all signs, America is not doing well, and the impact will likely be long-term if MAGA rhetoric prevails. By the time our kids are of the age to choose colleges, we most probably need to include colleges in Europe in their searches.
Trump is rapidly dissolving America's global trade and dollar dominance, as well as the political influence that ensures it. This will mainly come back and hurt America's economy, its people's wallets and purchasing power. America will drastically lose its global superpower status, which has primarily benefited its people.
People here lived in such an ignorant bubble, they had no idea how their livelihood was significantly benefited by the global dominance of dollars and how the rest of the world had helplessly envied the power of dollars for decades, since WWII. And that is all going to change, fast. With the economic downturn, investors will first move funds from the stock market to US treasury securities, since the dollar should maintain its reserve currency status in the short term. However, once the recession hits, a new reserve currency or reserve system will emerge, shoulder to shoulder with the dollar first, might eventually replace the dollar, depending on how everything goes. Investors can sniff the scent of money from years before and start to move around their funds. You think they are as dumb and clueless as Trump? Their piercing raven eyes are monitoring Trump administration's each and every movement. Those dumb fucks. The day the money starts to run away is the day of an irreversible decline of America on all fronts.
Europe is on the way to becoming the new superpower; it has the potential, and now it has the means and will. Euro has the most considerable potential to replace Dollar as the global reserve currency (I mean, the Euro was doing really well for a while, very powerful too. The years I spent Euros, they felt substantial and heavy in my hands. I didn't feel much of a difference transitioning into holding dollars, whilst CCP was making tons of RMB propaganda over the years, even though the RMB was pretty heavy at the time being). China too, by picking up the counterparts with whom America had left to trade -- the EU, Canada, Mexico and South America, Southeast Asia, South Asia, the entirety of Asia actually; Africa was already on China's plate. The withdrawal of military presence and dominance of America around the globe thrusts a sword into America's very own heart.
America will withdraw to be an inconsequential state that is excluded by the free world, a state that's ruled by authoritarianism, exclusionism, and ignorance. Trump is essentially doing three things to ensure that happens soon: 1. punishing and kicking out immigrants -- to lose human resources, credibility and charm; 2. withdrawing from all global organizations -- to lose dominating influence; 3. ravaging established institutions -- to weaken rules of law and free markets.
Ten years ago, shortly after Xi came into power, Chinese intellectuals predicted the same outcome for China. What Xi did was to consolidate absolute power by silencing oppositions and deploying loyalists across all institutions. Economically, Xi doesn't believe in the free market and the private sector; he systematically reversed China's half-open market back to primarily state-owned. That resulted in the economy's irreversible long-term fall; COVID was only a trigger.
We call this "the arrogance of the authority" or "the capriciousness of a dictator". Xi and Trump have the same temperament and are essentially causing the same damage to their countries. They both are obsessed with power, they have no clue how economy works, they don't give a damn about people's prosperity. They arrogantly play around with things they are incompetent to play with; in the end, we ordinary people will have to face the consequences.
So ya, I will ensure Raj looks into Euro development, and we shall start moving some eggs.
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