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Is America becoming a failed state?
On November 5, the day after the voting day of the 2020 US presidential election. "The New York Times" published an article by the 2008 Nobel laureate in economics Paul Krugman, titled “Is America becoming a failed state?”
In people's impression, the words "America" and "failed states" should never appear together. But in 2020, the United States is infinitely approaching the traditional definition of a "failed country", due to uncontrollable epidemic; Economic recession; intensified Racial conflicts; Election chaos and failed Government mechanism.
I, the New York Times and many people came to this rational conclusion after carefully analyzing the main contradictions in American society and the current institutional crisis facing the American government. This point of view was also echoed to a certain extent by Joseph Stiglitz, another American Nobel Prize winner in Economics in 2007 as well as the influential Ray Dalio, the founder of the world's largest hedge fund Bridgewater
China Explained will show you that because of China’s continued success in industrial upgrading, technological innovation and realizing its huge potential, it is an unstoppable process. The inevitable rise of China may feel intimidating and some simply reject it. Don’t be. China’s rise is part of the new global trend unlike what we have seen in the past one hundred years. Embrace the change and seize the opportunity.
Creating original content is hard work, your support is what keeps us going. Please donate to this channel: paypal.me/ChinaExplained
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By MimiOn November 5, the day after the voting day of the 2020 US presidential election. "The New York Times" published an article by the 2008 Nobel laureate in economics Paul Krugman, titled “Is America becoming a failed state?”
In people's impression, the words "America" and "failed states" should never appear together. But in 2020, the United States is infinitely approaching the traditional definition of a "failed country", due to uncontrollable epidemic; Economic recession; intensified Racial conflicts; Election chaos and failed Government mechanism.
I, the New York Times and many people came to this rational conclusion after carefully analyzing the main contradictions in American society and the current institutional crisis facing the American government. This point of view was also echoed to a certain extent by Joseph Stiglitz, another American Nobel Prize winner in Economics in 2007 as well as the influential Ray Dalio, the founder of the world's largest hedge fund Bridgewater
China Explained will show you that because of China’s continued success in industrial upgrading, technological innovation and realizing its huge potential, it is an unstoppable process. The inevitable rise of China may feel intimidating and some simply reject it. Don’t be. China’s rise is part of the new global trend unlike what we have seen in the past one hundred years. Embrace the change and seize the opportunity.
Creating original content is hard work, your support is what keeps us going. Please donate to this channel: paypal.me/ChinaExplained