Is American Economy Now Set to Decline?

A look at prospects for US economy, what could cause dollar to lose its reserve currency and does it matter?

00:00 Strengths and Threats to US
3:18 Dollar as Global Currency
6:00 What could End Dollar?
9:37 US growth to Continue?

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ABOUT
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[КонстантинПономаренко-яя]

The problem with growing GDP and stock market numbers is that all these money are in the pockets of very short list of people. Inequality eats the growth. To fix it voters decided to vote for billionaire who promised tax cuts for billionaries.

[MKristensen]

The problem with the US is the booming economy dosnt benefit the normal people. High inflation has made people poor and only the rich are doing well. This will only get worse under Trump, who favors tax cuts for rich. The tariffs will only make life worse for Americans, making them even more poor. The US does not look rich, pretty much every city I have been to in the EU look better than the US. The US need labor unions and mechanisms to compensate for inflation, when talking wages.

[DonaldStokes-p]

The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?

[carcarroom]

We’re in no position to talk about declining, we’ve been declining for 30 years

[andybliss]

Saying Apple and Japan are the same size is ridiculous. One refers to the output per annum. The other doesn't.

[ZincFold]

China surpassed the U.S in terms of GDP (PPP) back in 2016.
While the U.S is bigger in terms of Nominal GDP, it isn't the best metric to gauge overall health and productivity of an economy, rather it can be very misleading.

[Susanhartman.]

The U.S. economy relies on ongoing credit and debt generation for sustenance. The Federal Reserve is expected to increase the money supply, leading to further debt accumulation for the average American. This situation raises concerns about who will ultimately bear the consequences of these economic dynamics.

[majormoolah]

US is now the largest fossil fuel exporter in the world, larger than Saudis and Russia combined. Yet US has a truly crushing trade deficit that is now about $100 trillion per month. Once the shale oil revolution runs its course, they are going to have a problem, a real problem. The other interesting thing is that manufacturing output and manufacturing jobs keep declining. After all the labour statistics were revised, it was discovered that US lost about 55, 000 manufacturing jobs in 2024. Europe and Germany did not offshore to USA. The actual borrowing is also much higher than the deficit report would indicate, clocking at a $1 trillion every 100 days. That is 1% of the entire global economy! This is clearly unsustainable. The last point to consider is the truly grotesque overvaluation of the US stock market. The entire tech sector is about 5% of US GDP. Yet Nvidia alone is valued at 12% of GDP! This is insane! At some point the stock market has to correct itself and that will look like 1929.

[isendel]

The US economy sucks. People cannot afford to cover basic expenses and the labor market is horrible. I've never seen it this bad in 10 years. So .. just saying.

[fredrik]

Wouldn't BRICS trade without dollar change a lot for the US?

[balkrishnashendage]

China focusing on dedollarization not to replace

[auldfouter]

Trump campaigned on the US economy being a disaster and says he can " end " inflation - with tariiffs, ffs !

[tempestvideos]

Your videos are entertaining and objective. Many thanks.

[davejohnston]

At some time the level of US national debt will impact its ability to raise more debt at reasonable interest rates. When that happens its going to lead to serious implications for the living standards of its workers.

[jamessmith]

America is doing way better currently than UK and Europe.

[assault]

Nice video! Well constructed.

I only realised it just now, but I'm slowly becoming a regular visitor to this channel. Thanks for your hard work.

[Tuppoo]

Most economic crises in modern times are financial crises, which don't have a lot to do with the real economy. Even in the calamity of 2008, farms mostly kept on farming, trucks mostly kept on trucking, and oil producers kept on producing oil. This is the real economy. The financial sector, especially the US financial sector, largely exists in a bubble outside of the real economy. The only reason why this bubble influences the real economy is because the capital generated in the real economy is often invested into this bubble to be gambled with, the hope being that it can be extracted at a profit before the bubble inevitably bursts. Some manage to do this successfully, and go on to prop up the luxury goods and real estate markets by splurging their gains there, while at least as many will leave empty-handed. The end result is that money moves from the hands of many into the hands of only a few.

[su]

Most of this due to the USD being the world reserve currency. There isn't enough research about it, i.e. where US would be without it. US will do literally everything to keep/prolong this privilege.

[dirusso]

The Brazilian Real Never falled so much against the Dollar. The Rupees is in the lowerst! Please, let me know what Currency is gaining against the Dollar.

[edc]

Impressive stuff, I’m sure whoever is the leader is going to be rewarded with another term!