common China W.
Edited title to reflect the meaning of the source, Indonesia in 2023 is under both Germany and Russia, the rest remain in order.
common China W.
Edited title to reflect the meaning of the source, Indonesia in 2023 is under both Germany and Russia, the rest remain in order.
why not? the us economy will still be a significant portion of the size of china’s.
USA will always be globally relevant because it’s huge country with a lot of resources and potential (at least if it won’t break at some point), but if the dollar stops being the global reserve currency they will lose a lot, since something like 70% dollars in circulation are overseas - significant portion of that will come back, and it wil devalue like crazy pushing them into crisis spiral for years up to decades. Also significant portion of their economy is renter economy and financial bubbles. In real economy USA is much weaker than GDP suggest.