US News

I agree that US remains a powerful country, but its global dominance is now over. Ukraine has fundamentally changed both geopolitical and economic situation. BRICS has become a viable alternative to the US economic system, and that undermines the very foundation of the US global dominance.

If you look at the history of US interventions, they always start by using the financial system to undermine the economy and create unrest that can be further exploited. Those days are now over because countries can trade entirely outside the US system. Not only that, but vast majority of resources, labor, and manufacturing capacity exists outside the west.

While the US is able to do its own manufacturing, it's far from being self sufficient in that regard. The difficulties the US had in re-shoring just one fab illustrate what a herculean task it would be to achieve self-sufficiency. Personally, I don't see how that's possible without massive state intervention which isn't politically palatable in US.

Contrast this with China, where state driven economy is accomplishing unbelievable feats each and every year. The progress China made with chip production eclipse what the US managed to achieve with re-shoring. China is now dominating across the whole science and technology spectrum. This gap will only continue to widen going forward.

Furthermore, the US finds itself in increasingly volatile situation in terms of internal politics. The country is deeply divided politically with two separate visions for what the US is. Each camp sees the other as a mortal enemy that's destroying the country. As material conditions continue to decline the animosity will only increase going forward, and it will eventually boil over into civil unrest.

I simply can't see how the US can hobble along for decades given the current economic reality of the country. The simple fact is that the cost of living continues to outpace salaries, and people are increasingly forced to use up their existing savings and go into debt just to make ends meet. We're already seeing people defaulting on their credit card debt, their car payments, and soon their mortgages. That will lead to another financial crisis which could easily turn into mass civil unrest and even a civil war.

My expectation is that the best case scenario for the US is that it manages to rally the G7 bloc around it, and rule over its diminished empire. However, even that is not a given with the developments we're already seeing happening in Europe. Both Germany and France are seeing huge rise in nationalism that's only going to keep growing. As US faces its own economic troubles, and the desire to contain China, it will be forced to cut support for Europe which will only feed into resentment that's brewing.

In my view, the biggest danger the US poses to the world is that it will start a nuclear holocaust when it becomes clear that its position as a hegemon is untenable.

I fell we have lost ourselves in the analysis of the situation and therefore need to take a step back, return to the basics and as MLs remember to use diamat to try and see the big picture.

Since the fall of the USSR in the 90s, the principle contradiction in global economics has been the Us-China one. And for most of this period the Us has been the leading aspect of that contradiction, as it already started as a imperialist potency while China was still in the middle of its poverty alleviation plan, but since the 2008 crisis China has begun a process of reducing its dependence on western economics and preparing itself to take the place of the main aspect in the future.

And in my opinion ever since COVID and the consequences of how each country handled it, China has taken the leading role in that contradiction and consequently it is now what defines the nature of world economics, which is why we are seeing so many changes in geo-politics recently, both from China trying to assert its position with the de-dollarisation of global trade and the increase of allied countries with BRICS, and from the Us reaction with the Ukraine war and now with the government trying to re-invest in its own industry.

Without discussing the important aspect of imperialism and whether or not the Us still has the infrastructure to produce goods at a competitive price with China, the main focus of my comment is to bring attention to the fact that this is all part of a ongoing process with both sides struggling for the leading role in the global economy contradiction. So even tough saying that the Us is collapsing or they are powerless is hopelessly unmaterialistic, we should exalt the fact that China is becoming the principle aspect and that process is only going to keep changing, in both quantitative and qualitative ways, until the Us has no more place in the global economic contradiction.

A couple of things come to mind with this. Firstly, this reshoring has required a colossal subvention by the state. The money printer can currently go brr all day long, but if every reshoring that was needed required such intervention then this would not be feasible, especially considering the balancing act that's currently needed to counter inflation. Dedollarisation that's continuing apace further threatens this model. Already we have Trump recently threatening states that plan to trade in non-dollar currencies.

The reason for the deindustrialisation in the first place has not gone away. The inevitable march towards the export of finance capital being of primary importance to the imperialist state will continue. This seems to be a panicky flagship example. Root causes have not been addressed, and won't be.

But at the same time I do take your point that we're probably overstating the situation. I hope not by much.

Agree with everything you said but I would like to see the plant come into full operational capacity. I don't really have a good reason to be skpetical but this is a bit unprecedented so I want to wait till the end.

I have similar thoughts. I think that unfortunately, the U.S. will remain the dominant power for a long while. I remain hopeful that it's for less time than most of us think, but I still see years bare minimum, possibly decades.

I'd love to be wrong, and as Lenin said, sometimes years worth of history happens in weeks.

I don't want any of us to become dispirited if the time until imperialism collapses doesn't follow our schedule.

It's three fabs. Intel, meanwhile, is falling apart.

The important thing, imo, is that the US doesn't achieve full chip independence before 2030, which allows a peaceful resolution of the Taiwan issue (i.e, Chinese customs blockade redirecting Taiwanese shipping and passenger traffic to China). I don't see American reshoring settling the issue early, even though Intel is likely to get automated fabs up by 2028.

The USA is not going to collapse into the Stone Age any time soon and anyone who was saying such things was delusional. The USA will be one of the poles of the multipolar world.

You are acting like this news in the article is a huge surprise when it is in fact not surprising that eventually the facility would match capabilities of other similar facilities. It is not a particularly yuge achievement to merely replicate what they could already do. The fact that it was delayed so long is embarrassing however.

This is part of a larger trend of the USA stripping valuables from its vassals as discussed in earlier threads. The vassals in Europe have already been severely damaged and the libs who were planning to move to Europe are probably reconsidering those plans.

I feel I need to point out that there have been those who for years have been crowing about the imminent collapse of the US, how they’re helpless, powerless.

There are frankly some people here who are optimistic to the point of being misleading about how things are going to go.

I would like to see such direct quotes addressed then rather than sniping at people who can't defend themselves because they have no apparent substantive existence.

It also just seems like arguing over future prediction narratives and although I can sort of understand the need to direct people such that they are not complacent, for example, there's a point where it falls off for me and it starts sounding like trying to be the accurate seer without our intervention in the world. One of the key points of all of this ideological stuff we focus on in spaces like this, is that we need to intervene, and we need to do it in a way that will make a difference toward our cause. We are not actually helpless, nor are we entirely removed from what is happening, no matter how the system can make it feel sometimes. The right organized action in the right place at the right time can change a lot. I would much rather people be focusing on that, instead of trying to out-predict each other on when US hegemony will collapse, as if from an outsider's perspective, when it impacts everyone on the planet. Edit: And to be clear, I don't mean discussing things that could get you into trouble, I just mean focus more on helping people understand what can be done and less on any narrative feeling of inevitability, regardless of what the narrative is.