There are repeated signs that the capitalist system has begun to decline and wither!
Just recently, we have found that almost all the so-called developed countries of the West are in trouble. If there is a problem in just one country, it may be that the politicians in that country have a problem, but if almost all developed countries have problems, it may be that there is a problem with the social system itself.
We will briefly explain the major developed countries such as the United States, France, Germany, and the United Kingdom, and we will try to analyze the essence of the problem from the appearance of social chaos.
The big brother of capitalism in the United States is now in a difficult situation, and the problem of American debt has long become a dead knot in the development of the United States! At the end of 2022, the total U.S. national debt was 3093 trillion dollars, the United States was still struggling with 31 trillion last yearThe $4 trillion debt ceiling, but in early 2024, the U.S. Treasury Department released a report showing that the total U.S. national debt has reached $34 trillion. In other words, the United States is still unable to make ends meet, the money it earns is simply not enough to spend, and there is a deficit of $3 trillion a year.
The current fiscal revenue of the United States in a fiscal year is about 4$5 trillion, but U.S. fiscal spending has soared to $7 a year$5 trillion! That is, it is only a matter of time before the collapse of the US debt according to normal logic!
For the United States, it can use unconventional means to break the game! The first is to defeat the creditor countries, and the second is to over-issue currency on a large scale to make the dollar depreciate rapidly, so that the world's dollar assets can help the United States fill the hole!
In the first case, the majority of U.S. Treasury bonds are held by U.S. nationals, and the U.S. bonds of countries such as China and Japan are negligible in terms of aggregates. Therefore, the elimination of creditor countries is not only extremely risky, but also has limited impact!
The second option is also obviously not feasible, because domestic inflation is already causing chaos in the early stages of unlimited money printing, and the rate of international de-dollarization will be as fast as the speed of US money printing. The dollar has no value without an international circulation base, and the United States will not destroy the Great Wall in any case. In general, the US debt crisis is unsolvable under the current system.
I am actually a little puzzled by the bottomless social welfare system in the West, and the welfare system in some countries is even so good that you can live well without working at all. When "getting something for nothing" becomes a trend, who will create value for these people who don't get it for nothing?
In the United States now, we have found a phenomenon that there are more and more mansions of big capitalists, and they are becoming more and more luxuriously decorated. But the infrastructure of every city in the United States is aging and decrepit. We can't help but ask, what is the huge fiscal spending of the United States going on? The military spending of the United States is so high, even the sum of the second to ninth places, but the upgrading of the equipment of the United States is very slow, and these military expenditures have gone again?
The United States today is like an old Cadillac luxury car, although the exterior is magnificent, but the interior parts are old. Not only does it consume fuel, but it also doesn't go fast! This kind of luxury car can still be in the limelight on the road, but the quality of the car is known only by the Americans who drive it.
The development of the capitalist powers in Europe is also not optimistic. We see that the current European countries are also a little frightened by the big brother of the United States. After the conflict between Russia and Ukraine, European countries cut off their arms and refused to import low-cost energy from Russia, which made the European manufacturing industry lose its "competitive basis", and a large number of energy-intensive enterprises in Europe permanently reduced production or closed down, and a large amount of capital outflowed to the United States.
What makes Europe even worse is that the Palestinian-Israeli conflict has further exacerbated the instability in the Middle East, making energy ** further soar and Europe's economic vitality no longer exists. In 2023, the economic development of European countries will be slow, and Germany and some European countries will even fall into recession.
But even so, politicians in European countries are not thinking of solving the domestic economic woes, but of further increasing support for Ukraine. Europe has become very contradictory under the long-term leadership of the United States, on the one hand, it continues to expand NATO eastward in the name of wariness of Russia, and on the other hand, it continues to provoke Russia. Therefore, it is really impossible to say whether European countries are wary of Russia, or whether Russia has been tired of dealing with NATO's provocations.
Further support for Ukraine by European countries will inevitably require the use of a lot of funds and budgets, but in the context of the economic downturn, what about spare money? These politicians have put their calculations on some domestic spending, and they just want to divert some fiscal spending to support Ukraine.
The first is Germany, which plans to eliminate agriculture-related subsidies in order to fill the loopholes in the 2024 budget, a move that has caused strong dissatisfaction among German farmers. Secondly, the same is true in France, Macron has formulated strict laws to restrain French agriculture, coupled with many factors such as fuel ***, the cost of agricultural production in France has increased significantly, and farmers' incomes have declined. As a result, a large-scale peasant uprising broke out in both France and Germany, with the German peasants blocking Berlin and the French peasants blocking Paris.
In fact, the entire European capitalist countries, these ** want to aid Ukraine but cannot move the interests of the big capitalist class, they can only take the peasantry! Not only France and Germany, but also farmers in Poland, Belgium, Romania, Bulgaria and other countries are **!
You see, the United States is now engaged in an armed confrontation with Texas for the sake of foreign illegal immigrants! In order to aid Ukraine, these countries in Europe have not hesitated the lives of their own farmers. The so-called putting the cart before the horse is what it means. The EU has become the biggest victim of the Russian-Ukrainian conflict and the Palestinian-Israeli conflict, and Europe not only has capital and industrial outflows, but also bears several times the energy before the Russian-Ukrainian conflict**!
If these politicians in the EU can calmly examine the causes and consequences of the Russia-Ukraine conflict, and compare the European economy before and after the Russia-Ukraine conflict, perhaps they will get some enlightenment.
But the question is, will the United States make them think calmly? Apparently not!