Dystopia democracy: a world ruled by a global emperor with only Americans having the voting right /1
2021-06-08 | 時事
Part 1/3 of the article.
Part 1. What is China really: paper dragon, hedgehog, wolf warrior, or bogeyman?
Part 2. Using daily easy language, I explained that the duet of chronic US trade deficit and the over-issuing of US$ as de-facto global currency is a blood-sucking from the world economy. This gives US huge competitive edge over all others, the long term effect of this is extremely worrisome, e.g., its accumulated trade deficit is climbing up US$ 20, 30, 40 trillions...at ever faster speeds, and whether a positive feedback loop system has been formed so that the US's advantages is self-amplifying. The real global threat is looming with many symptoms: a dystopia democracy ruled by a global emperor with only Americans having the voting right.
Part 3. To avoid this, the world except US, needs to cut down its trade surplus with US, revamp the unfair global trade system, cooperate to distribute the world power in finance, science and hi-tech, media sectors instead of pivoting on US. . . . Read more