The Four D's destroying the West

The Decline of the West

1.The four D’s destroying western societies

2.The decline of the West and Western imperial system has been much discussed in the past-but has not happened

3.However, things are changing-all empires die from within-the Western imperial system is no different

4.The four D’s are (1) de-industrialization (2) death demography (3) debt based monetary system and (4) the internet and telecommunication

Let’s look at these individually: -

1.De-industrlization-China opened its economy and joined the WTO with the blessing of the US and its allies. The assumption to exploit cheap a labour a market and to sell to

Western business located their low-end manufacturing to China& co using the cheap labour to reduce price of goods sold in international markets. We are all familiar with the ‘made in China’ label’.

However, the Chinese played a clever game-with location of industry was technology transfer and often a local Chinese business partner. This process enabled the Chines to learn about the manufacturing process and markets to sell to

Within a short period, the Chinese were copying Western products and selling them in the market at a lower price. The made in China label became synonymous with cheap low-quality products

However, China has invested money and technology in key sectors of industry such as electric cars and solar panels-the ‘great technological leap forward’

So, the Chinese have become producers of high value goods to compete in Western markets. This has worried the West and the US and EU have introduced tariffs on many Chinese goods

These tariff policies will fail as it will not bring back many jobs or manufacturing-as cost of production is too high-an Apple iPhone will cost over $2000 to produce in the US-not many will be sold

As the Western economies are more reliant on consumer spending-people’s incomes and hence purchasing power has been lowered over may years. There will be no reverse in this trend for the future time being

(2) Death demography-As countries become rich people have fewer children. In the Industrialized West there has been a drastic decline in the birth rate-now below two-which means the death rate exceeds the birth rate

The consequences are fewer tax payers to fund pension provisions. The West has resorted to mass migration to make up the population deficit. The problem is despite the UK adding over six million to the population-the tax take has gone down-as most of these people work for the minimum wage

The other issue mass migration changes the demographics and the nature of the society in the UK. We have voluntary segregation and resentment from the locals against people who bring dis-functional social values not compatible with liberal democracies-the Muslim community being one such-it has been very hard to integrate this community into mainstream society.

Western democracies run on tax-spend and debt. Central banks create money by issuing debt in the form of bonds-the taxes reduce the interest on the debt but rarely pays of the original loans

This accumulated debt has to be paid by future tax payers and those not yet born. The US debt exceeds $35 trillion and keeps on rising. Imagine the debt on your house exceeding the house value-you can see the problem. That is what has been happening over many decades.

This simply cannot go on for ever-as the debt burden will eventually crush an economy. So, the choices are limited-cut spending-increase taxes-or both. In a democracy both choices will lead to a voter backlash

Mass migration as evidence shows does not reduce the tax burden-only increases it. In inner city London ‘whites’ are in a minority. Austria is the first country where the locals will become a minority in their own country in the future.

(3) Debt based monetary system-As explained above Western countries run on debt-taxes and what ever they can steal of other countries

However, the accumulation of debt and inability to pay of the original loan means the debt burden increases each year. When our lying politicians tell us they are going to reduce the deficit-this means they intend to borrow less-the debt will keep rising-may be at slower rate

We are now reaching the point where the debt based Western economic model is no longer working-no one has a plan B Except kicking the problem into the future-which means it will get bigger as the choices are limited and no politician is willing to sacrifice his career in doing the right thing.

(4) Internet and Telecommunication-The internet and communication are transforming the world. It enables know how and technology transfer across the world. A person can learn anything as long as they have the internet and mobile phone

‘You tube ‘University is the first call for people wanting to learn. This model of learning is putting pressure on the old educational establishment and often it is free!

With so much free stuff with the creative commons-the old patent system is no longer working well. The internet can also lowers business costs for startup-no need for a shop front. This speedy process will help majority countries to develop their economies faster and at a cheaper cost

China with its one belt-one road is providing communication infrastructure for majority countries-with its own equipment and servers as in Pakistan and other countries.

Conclusion

The decline of the West is real and continuing. Be prepared for more tariff’s-more conflicts-more wars-as the West tries to maintain it dominance in a fast-changing world. Time to emigrate