[bdangubic]

what has become of America where we are now scared shitless of China... oh well, i is what it is... America our ancestors built would have been like bring it on bitches and here we are "oh please, lets not let China in, our companies are subpar and we stand no chance against such a foe...

[watwut]

America was always like that. The posturing of "bring it on bitches" does not imply reality of it. Ameruca had that attitude when it was more developped then competition. Ot was protectionist when it was less developped.

And always used diplomacy and superpower status to push other countries into buying more american.

[bdangubic]

Perhaps but how did America get “more developed than competition”? Bangladesh cannot “use diplomacy and superpower status” to push other countries around…

[bdangubic]

   Let me tell you a highly stylized version of the American story.

   In the beginning, there was a startup called the United States, which we’ll refer to by its stock-ticker symbol, USA. It was young, scrappy, and hungry and needed to figure out how to deliver value to its citizens users.

   So it did a bunch of things: It created a central bank. It expanded its territory. It established mass communications (the postal service) and roads and public education. Eventually, it took the painful step of expunging slavery.

   This startup grew in size and productivity and market cap. Its user base became enormous. After about 160 years, USA became the biggest company on the planet, at which point it achieved a bunch of important network effects. Because USA benefited from free trade, it developed a military that could enforce a globalized system of free trade. Capital—both human and financial—flowed into USA. People—both users and clients4—loved USA. And for another 70 years it delivered good results for both. Its stock couldn’t have been higher.

   But then USA went down the road toward enshittification...

https://www.thebulwark.com/p/the-enshittified-states-of-amer...

[hdgvhicv]

American exceptional used to be “we can do this no one else can”

Today it’s “everyone can do this but we can’t”

[suburban_strike]

When the accountant is sweating at the prospect of having the books reviewed by outside auditors, no explanation is necessary.