How long do you think that the USA has left before it collapses? (hexbear.net)

submitted 2 years ago by [email protected] to c/[email protected]

130 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[-] [email protected] 3 points 2 years ago

Only China has a larger industrial capacity than the US. The difference varies year by year, but on average the US is making somewhere around 2/3 to 3/4 of what China does in dollar value. The US is not the global heart of industry that it once was, but it still produces huge amounts of raw materials, processed materials, and advanced technology. Same sort of ratio holds for all net exports, where the US is only second to China (but they are exporting very different stuff).

Good breakdown of what the US is producing, exporting, and importing: https://oec.world/en/profile/country/usa/

We as Marxists should not delude ourselves into thinking the US has nothing happening economically. Most people are just excluded from it.

[-] [email protected] 4 points 2 years ago* (last edited 2 years ago)

Thanks for the link!

*interesting stuff:

The top exports of United States are Refined Petroleum ($83.3B), Petroleum Gas ($70.9B), Crude Petroleum ($67.6B), Cars ($55.4B), and Integrated Circuits ($51.3B), exporting mostly to Canada ($259B), Mexico ($247B), China ($151B), Japan ($71.8B), and South Korea ($66.4B). In 2021, United States was the world's biggest exporter of Refined Petroleum ($83.3B), Petroleum Gas ($70.9B), Medical Instruments ($30.2B), Gas Turbines ($30B), and Corn ($18.8B)

The top imports of United States are Cars ($139B), Crude Petroleum ($120B), Computers ($102B), Broadcasting Equipment ($101B), and Packaged Medicaments ($86.3B), importing mostly from China ($530B), Mexico ($361B), Canada ($355B), Germany ($135B), and Japan ($128B). In 2021, United States was the world's biggest importer of Cars ($139B), Computers ($102B), Broadcasting Equipment ($101B), Packaged Medicaments ($86.3B), and Motor vehicles; parts and accessories (8701 to 8705) ($77.7B)

[-] [email protected] 4 points 2 years ago

It's interesting how much overlap there is in top exports and imports.

this post was submitted on 01 Oct 2023

60 points (100.0% liked)

askchapo

23047 readers

61 users here now

Ask Hexbear is the place to ask and answer ~~thought-provoking~~ questions.

Rules:

Posts must ask a question.
If the question asked is serious, answer seriously.
Questions where you want to learn more about socialism are allowed, but questions in bad faith are not.
Try [email protected] if you're having questions about regarding moderation, site policy, the site itself, development, volunteering or the mod team.

founded 4 years ago

MODERATORS

[email protected]