Comments by "Ace1000ks1975" (@Ace1000ks19751982) on "The US China War is Starting...Here is What Happens Next!" video.

China spent most of their money improving their infrastructure, spending money on educating its people, and building up the economy. On the other hand, in the past 22 years, the US spent over $5.3 trillion ($5300 billion) on two wars in Afghanistan and Iraq. See the difference if you spend the money on improving peoples lives vs. wasteful wars that benefited a few big defense contracting companies?
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@mortiarty7842 It beats seeing legions of homeless people, and seeing lawlessness on a daily basis.
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@hokantjoa2682 I think he was being sarcastic.
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@Deviousboy ROFL 🤣
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@daveburkitt5287 The USSR spent too much money on their military, and what happened?
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@hihoe1882 Most of the handouts and bailouts were given to big corporations, not to any groups of people.
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@alfredoibarra3240 With the world de dollarizing, the US may not be able to print their way out of the next economic crisis, like they did in 2008. Sure, the US can print money without selling their debt, but this will only lead to higher and higher inflation. How would you like to pay $15/gallon for gasoline, $10 for a loaf of bread, etc.
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@marknunya3107 That's why they are transitioning into a consumer based economy from a export based one. Back in the 1950s to the 1980s, the Japanese economy was a exported oriented economy. South Korea, Taiwan, Hong Kong, and Singapore were exported oriented economies. Most of those countries have a big consumer based economy. They transitioned from a labor intensive economy to a capital intensive economy. In order words, they invested in machines and automated processes to increase industrial output. They put more money into research and development to acquire core technologies. Manufacturing and a exported oriented economy is a stepping stone to an advanced economy. Once, you control the core technologies, you don't have to be a manufacturing power. Most of the inputs that go into the manufacturing process, like the key components, like jet engines, chemical compounds, semiconductor chips, solar cells, engines, ballpoint tips, etc can be sold to the manufacturing country. Most of the profits isn't in manufacturing. The companies that make the key components make the lion share of the profits. That's why China is investing money, and research to develop core technologies, like jet engines, solar cells, lithium batteries, other kinds of batteries, semiconductors, rockets for space shuttles, composite materials, alloys, chemical compounds, etc.
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@frustationoverloaded5976 During the Iraq War, very little of the oil the US was stealing got out of the country. Many oil trucks were destroyed by insurgents, they damaged oil pipelines. Don't believe me? There are tons of footage of it filmed by insurgents and US soldiers showing this type of carnage. Oil prices went up from 2003 to 2008, the US benefiting from the invasion of Iraq is nonsense. Price of oil in 2000 was $1/gallon, and the price of oil in 2008 was $4/gallon. I guess, you are a product of the American educational system.
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@kingwarrior5028 In a global recession, people will get poorer, but at least you don't have lawlessness like in the US. People breaking into stores in broad day light is a common occurrence in the US. I look at the local news every day, a group of people rob a Macy's, a group of people rob a jewelry store, a group of people rob a Home Depot, a group of people rob a Target Dept Store, all the stores in a shopping center gets broken into every week, thieves break into a farmhouse, thieves stealing catalytic converters from vehicles, a group of thieves rob a Neiman Marcus, home invasions, carjackings, the KIA boys stealing cars, etc. Such a great society isn't it. I don't even go out anymore. All of my friends told me that they witnessed robberies in major department stores in broad daylight. I don't even go out. I am fortunate that I have the luxury of working from home. If I have to shopping for groceries, I buy about 5 months worth in one trip, and the other stuff in just shipped to me.
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@marknunya3107 People in China are better savers than Americans. East Asian people in general are better savers, it doesn't matter where they live. They could be living in the US, Europe, Australia, Africa, etc.
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@marknunya3107 I usually take vacations during a recession, and work hard when the economy is good.
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@soroyapenney6228 The US loves wars, because the defense industry gives politicians to start wars so they can sell more weapons.
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@badguy5554 During the Korean War, the PLA didn't have much, but they were able to prevent the U S from taking over all of the Korean peninsula. They had much less stuff in 1951 compared to what the PLA has today.
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