Koon Yew Yin's Blog

USA’s future is bleak - Koon Yew Yin

Koon Yew Yin
Publish date: Tue, 27 Dec 2022, 12:21 PM
Koon Yew Yin
0 1,449
An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.

All materials published here are prepared by Mr. Koon Yew Yin

Merry Christmas to all my readers.

As we all know, 2022 is a rocky year, with the COVID-19 causing a wide range of problems. You should be shocked to know that USA has the most Covid 19 cases in the world. Currently the number of new cases is rising rapidly and shows no signs of stopping. The daily new Covid 19 cases has been increasing in the last few weeks in US as shown on the chart below.

Currently US has 102 million Covid 19 cases, 1.1 million deaths and 99 million recovered cases which will cost a lot of financial difficulties to their families and the United States in providing health care for the recovered patients for the long term.

There’s no question that the pandemic took a severe hit on US economy. On top of that, Congress has gone on a spending spree, with their “COVID stimulus packages” which have been filled with spending for pork or political projects. But that’s only a portion of what COVID is ultimately going to cost the country.

Average US annual GDP growth rate is about 3% in the last 70 years as shown on the chart below. US has no growth.

Managing a country is like managing hundreds of large corporations all over the country. For GDP to grow, US needs to trade with as many countries as possible. Instead of making friends, US has bombed 33 countries as shown below:

List of countries bombed by US after WWII

China 1945-46

Korea 1950-53

China 1950-53

Guatemala 1954

Indonesia 1958

Cuba 1959-60

Guatemala 1960

Belgian Congo 1964

Guatemala 1964

Dominican Republic 1965-66

Peru 1965

Laos 1964-73

Vietnam 1961-73

Cambodia 1969-70

Guatemala 1967-69

Lebanon 1982-84

Grenada 1983-84

Libya 1986

El Salvador 1981-92

Nicaragua 1981-90

Iran 1987-88

Libya 1989

Panama 1989-90

Iraq 1991

Kuwait 1991

Somalia 1992-94

Bosnia 1995

Iran 1998

Sudan 1998

Afghanistan 1998

Yugoslavia – Serbia 1999

Afghanistan 2001

Libya 2011

US military budget as shown above is self-explanatory. US has created millions of enemies who will take revenge sooner or later. Spending so much money from tax payers to create more enemies is counterproductive.

National Debt

US national debt continues to climb. As government spending being out of control, it is climbing faster than ever.

I can remember when it was said that a national debt higher than our GNP was unsustainable. Well, we’re well past that, with the national debt over 28 trillion right now and the GNP at about 22 trillion. So why haven’t we crashed already? Because the US dollar is the world’s reserve currency.

We literally export our debt overseas, because other countries need American dollars to do business.

With the current budget and infrastructure bills in Congress, there’s no saying just how bad our national debt will become. But with other major world players trying to take over the dollar’s place as the world’s reserve currency, things are on very shaky ground.

Gun violence in US

There are more guns than people in US. As a result, the US has become a country where guns are have become judge, jury, and executioner. Gun statistics show that over 36,000 Americans lose their lives every year due to gun crime. Approximately 100 lives are lost to gun violence daily on American soil.

Racial problems in the U.S. – a structural obstacle hard to overcome.

Deeply rooted in the history and realities of the United States, racial discrimination is a structural obstacle to the realization of equal rights and status for racial minorities, and also a profound cause of societal breakdown in the country.

The problem has existed since the U.S. history began. Slaughter and displacement of Native Americans occurred throughout the colonial period and the Western Movement period. Over a period of several hundred years from the establishment of the North American colonies to the Civil War, the slave trade flourished, and numerous African slaves died from labor and abuse. The gradual abolition of racial segregation against African Americans did not begin until the mid-20th century. In the past Asian laborers too suffered serious discrimination, with the infamous Chinese Exclusion Act as an example. Such racial discrimination has persisted in various forms throughout the country’s history.

If you wish to know more, you can Google under these titles:

  • Government Spending Out of Control
  • Rising Inflation
  • Unemployment remains too high
  • Looming Economic Crisis Threatens To Push Millions Of Americans Into Starvation
  • Anti-Business Government Policies are in Effect
  • Media Hiding the Truth


More articles on Koon Yew Yin's Blog
CPO price is rising rapidly as shown by chart below - Koon Yew Yin

Created by Koon Yew Yin | Nov 22, 2024

All plantation companies are reporting better profit for the quarter ending September when CPO price was about RM 3,800 per ton.

MHC Reported Increased Profit - Koon Yew Yin

Created by Koon Yew Yin | Nov 21, 2024

Indonesia is the biggest palm oil producer in the world. Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry offici

Why all plantation companies will continue to report more profit - Koon Yew Yin

Created by Koon Yew Yin | Nov 20, 2024

Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry official said recently, lifting prices of the vegetable oil...

Who will win the Presidential Election? - Koon Yew Yin

Created by Koon Yew Yin | Oct 30, 2024

Latest poll on 30th Oct 2024

Who will win the Presidential Election? - Koon Yew Yin

Created by Koon Yew Yin | Oct 30, 2024

Latest poll on 30th Oct 2024

Wasco expects better profits in coming quarters with robust order book - Koon Yew Yin

Created by Koon Yew Yin | Oct 25, 2024

The group is expected to deliver better profits and revenue from its pipe coating, engineering, and bioenergy segments.

Malaysian Communist Party - Koon Yew Yin

Created by Koon Yew Yin | Oct 14, 2024

Today I read the article by Murray Hunter titled “A Visit to the Malaysian Communist Party tunnels in Betong, Thailand”, which is an important part of Malaysia’s history.

Property Developers comparison - Koon Yew Yin

Created by Koon Yew Yin | Oct 04, 2024

KSL is still the cheapest based on a 4.4 PE ratio, which means its share price should continue to go up. Unfortunately, there are a few small investors who always queue to sell at cheaper prices...

Property Developers comparison - Koon Yew Yin

Created by Koon Yew Yin | Oct 04, 2024

KSL is still the cheapest based on a 4.4 PE ratio, which means its share price should continue to go up. Unfortunately, there are a few small investors who always queue to sell at cheaper prices...

Water pollution in the UK: the causes and effects - Koon Yew Yin

Created by Koon Yew Yin | Sep 06, 2024

Water pollution is a huge challenge for freshwater in the UK, impacting our rivers, streams, and lakes and the wildlife that call them home.

Discussions
Be the first to like this. Showing 23 of 23 comments

speakup

US = evil empire

2022-12-28 14:25

qqq47660

Post removed.Why?

2022-12-28 16:33

beinvested

Blinken was informed by Wang Yi, so not to bully China further in order to derail the development and advancement.

China need not have to compete with USA head-on basis. Just continue to work on those necessary projects for the betterment of the economy, science and humanity in this world.

2022-12-28 16:55

mach10

"*Every* social media company is engaged in heavy censorship, with significant involvement of and, at times, explicit direction of the government.Google frequently makes links disappear, for example. " Elon Musk commented.

https://twitter.com/elonmusk/status/1607743022925504514

Twitter CEO Elon Musk has revealed that all social media platforms work with the US government to censor content.

2022-12-28 17:20

vespa

Oh boy! what has happened Covid V2. All that bragging

2022-12-29 09:47

vespa

Sinovac a real success story ..!!!

2022-12-29 10:48

Lewis Lee

Yes !! US is an evil empire, let's support China-Russia-North Korea-Iran 's Axis and conquer the world !!!
Zero covid policy is such a real success .... no death of human lives at all ! according to CCP
Russia will win the war by buying weapons from Iran ...
Let's construct "re-education camps" all over the world and appointed KYY to re-educate people the aforesaid facts !!

2022-12-29 11:02

vespa

concur lol

2022-12-29 11:10

mach10

the Omicron BA.2 subvariant has a mortality rate of 0.3 percent according to a Harvard-led team of researchers .
0.1 percent according to China researchers .

https://www.thecrimson.com/article/2022/11/9/covid-subvariant-mortality/

China is willing to reopen for a good reason.

2022-12-29 11:17

mach10

Sad Christmas to most of the US citizens due to the extreme weather.

https://www.theguardian.com/us-news/video/2022/dec/27/the-footage-that-captures-how-dangerously-cold-it-is-in-the-us-right-now-video-report

The footage that captures how dangerously cold it is in the US right now

2022-12-29 11:45

qqq47660

China is willing to reopen for a good reason.

China says its a class virus now...............same as common cold/ flu. This is science based policy.

2022-12-29 12:06

mach10

to be frank , the US still can remain economically vibrant for at least 3 more decades while the White still is the larger population . you see the skin colour of the founders of the US corporations and you will know what I mean.

2022-12-29 12:13

qqq47660

anti China media will still be around another 3 decades.

2022-12-29 12:47

OnTime

advise not to bad mouth the US or else they'll send the CIA after u and ur family

2022-12-29 20:00

Evertraveler

As if there is no racial problems in Malaysia...

2022-12-29 22:08

mach10

https://klse.i3investor.com/web/blog/detail/savemalaysia/2022-12-29-story-h-302101441-_Are_we_ready_for_another_round_of_COVID_19_lockdown_By_Dr_Kelvin_Yii_L


Japan, the US, Italy, South Korea, and India, have imposed certain requirements for travellers from China . why only five countries impose? what about the rest of the countries ? look like the five countries impose for political reasons. the rest of the countries welcome chinese tourists with open arms.

2022-12-30 20:25

qqq47660

https://www.youtube.com/watch?v=pX5XUstShkM

EVIDENCE of anti-China bias: Western media goes full CLOWN MODE

2022-12-30 20:42

SecretOne

Like it or not USA will still be an economic powerhouse for years to come. And unlike what people think, China may have reached it peak and may already be on its decline.

2022-12-31 13:25

mach10

TRAVELLERS from China do not pose much of a Covid-19 threat to Singapore’s highly vaccinated and resilient population, though there might be a surge in mild cases if the country sees a significant influx of Chinese travellers.

https://www.businesstimes.com.sg/singapore/tourists-china-not-covid-19-threat-singapores-population-infectious-diseases-don

2022-12-31 14:27

vespa

Common guys let us have less jingoistic platitudes to the point of silliness to more compassionate views on the human race. We have suffered enough with this disease.

2023-01-01 01:32

qqq47660

Posted by SecretOne > 1 day ago | Report Abuse

Like it or not USA will still be an economic powerhouse for years to come. And unlike what people think, China may have reached it peak and may already be on its decline.

=========


all mainstream stream writers use the word may.............................they can stab China any way any time they want..........................................

2023-01-02 10:31

qqq47660

yeah, maybe millions of uighers jailed in xinjiang too.

2023-01-02 10:32

qqq47660

China may this may that...........................................always negative, ever positive.

2023-01-02 10:34

Post a Comment