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gaoshan | 4 months ago

I think that this concern is valid but there are deeper more foundational issues facing the US that have led to the sum of the issues mentioned in the post.

We can say that if this rotten support beam fails the US is in trouble but the real issue is what caused the rot in the first place.

discuss

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thesmtsolver|4 months ago

What are these foundational issues? Whatever issues are there, I feel they are more in other big economies.

Remember, when a bear is chasing you and some others, you don't have to be faster than the bear to escape.

Supermancho|4 months ago

> What are these foundational issues?

The effective removal of regulations via winner bribes and a lack of enforcement plus the explicit removal of regulations, to reduce corruption and insider trading. AI is not required to create the systemic exploitations and they are far more efficient at extracting value than any AI system.

jddj|4 months ago

I don't understand the metaphor in this case.

If there's another European debt crisis (for example) does the bear eat Europe and any US issues go away?

ben_w|4 months ago

I think a better metaphor for interconnected economies is that of chains always breaking at their weakest link.

Sure, well done, your link in the chain didn't break… but your anchor is still stuck on the bottom of the ocean and you're on your spare anchor (with a shorter chain) until you get back to harbour.