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Because they are too powerful as an enemy. If they were the size of denmark, they wouldnt get away with anything.
The entire economy of the western world is also extreamly connected to the US. Our pension funds invest in their tech stocks, our financial systems use the dollar.. And a lot more things that i dont even know.
America is pretty much running the western world. Like it or not. :/
They also spent almost all their money on weapons and high tech support systems. Their "defence" budget is larger than entire Europe.
https://en.wikipedia.org/wiki/List_of_countries_with_highest_military_expenditures
Just look at these numbers. America, almost 1000 billion dollars. China, 300 billion, Russia 150 billion, everyone else much much less.
Its a crazy country.
Its not just the Western world.
America got to define the new world order after world war 2.
They accrued 75% of the worlds golds reserves selling weapons to allies.
This allowed them to peg the dollar to gold under the Breton Woods system, making their currency the global reserve currency.
Never mind that scientists and innovators had fled from Eurasia to the US for safety, causing a massive braindrain
This is why they say they won WW2. They were one of few countries that had circumstances tip heavily in their favour due the war.
Yeah.
I have mixed feelings about it. How would the world look if it was China or Russia that managed to do that? How would Europe look?
I have so much western propaganda in me, that i cant judge how Russia or China would be. But looking at their current actions, its hard to see them being peaceful. America is also not peaceful though.
How is it that China is not peaceful man?
I honestly dont know much about what they do these days. Maybe they are peaceful now.
Yup. I changed my fund to one that has as few US stocks as possible this spring. All the sensible ones are ones that contain different index ETFs, so I went one with as little S&P500 exposure as possible.
But this is just me and my five digits worth of euros. I can't convince a meaningful amount of people to switch. If a million people did the same, it would be tens of billions in US stocks liquidated. It would be beautiful.
I actually dont think its gonna crash. People here disagree, but im used to that. Still think it wont.
Well the AI bubble might collapse. But I don't envision a run on the stock market like the one that started the great depression either.