Martian2
SENIOR MEMBER
- Joined
- Dec 15, 2009
- Messages
- 5,809
- Reaction score
- -37
China's Navy will inevitably become larger than the US Navy
China's trade surplus was $600 billion in 2015. Due to lower oil prices, China's trade surplus should be around $750 billion in 2016.
In 2014, the US had a trade deficit of $505 billion (see Statista citation below).
In a nutshell, China is a rich surplus nation that can afford to expand its naval fleet. In contrast, the US is a poor deficit nation with a shrinking navy.
However, the situation is worse for the United States.
1. The US is burdened with the cost of continuing a war in Afghanistan.
Reference: U.S. soldier killed in Afghanistan - CNNPolitics.com
2. The US is furthered burdened with the cost of a war against ISIS.
Reference: Odierno: ISIS Fight Will Last '10 To 20 Years'
3. The US has to bear the cost of preparing a war against the Russians.
Reference: NATO Increases Presence in Eastern Europe With Opening of Military Post in Lithuania - WSJ
4. The F-35 is fundamentally flawed with the insertion of a lift-fan in the middle of the fuselage. The F-35 is taking forever to solve the design problems. Also, the $1 trillion cost of the F-35 is sucking all of the money out of the Pentagon. The Canadian government has decided not to buy F-35s, which drives up the per-unit cost. There is no money left for the US Navy.
References: America’s new trillion-dollar fighter jet under fire again - Fortune
Canada's F-35 Decision Poised To Shake Up Fighter Jet Market
The US has serious drains on its military budget. As a poor deficit nation, the US had to cut back spending anyway. Thus, it is a foregone conclusion that the Chinese PLA Navy will be larger and more sophisticated than the US Navy in 10 to 15 years.
By the way, you've already previously seen this movie. A poor Soviet Union tried to compete with a wealthier United States and the Soviets went bust.
An arms race against a wealthier competitor is a fool's errand.
----------
• U.S. trade balance 2000-2014 | Statistic
China's trade surplus was $600 billion in 2015. Due to lower oil prices, China's trade surplus should be around $750 billion in 2016.
In 2014, the US had a trade deficit of $505 billion (see Statista citation below).
In a nutshell, China is a rich surplus nation that can afford to expand its naval fleet. In contrast, the US is a poor deficit nation with a shrinking navy.
However, the situation is worse for the United States.
1. The US is burdened with the cost of continuing a war in Afghanistan.
Reference: U.S. soldier killed in Afghanistan - CNNPolitics.com
2. The US is furthered burdened with the cost of a war against ISIS.
Reference: Odierno: ISIS Fight Will Last '10 To 20 Years'
3. The US has to bear the cost of preparing a war against the Russians.
Reference: NATO Increases Presence in Eastern Europe With Opening of Military Post in Lithuania - WSJ
4. The F-35 is fundamentally flawed with the insertion of a lift-fan in the middle of the fuselage. The F-35 is taking forever to solve the design problems. Also, the $1 trillion cost of the F-35 is sucking all of the money out of the Pentagon. The Canadian government has decided not to buy F-35s, which drives up the per-unit cost. There is no money left for the US Navy.
References: America’s new trillion-dollar fighter jet under fire again - Fortune
Canada's F-35 Decision Poised To Shake Up Fighter Jet Market
The US has serious drains on its military budget. As a poor deficit nation, the US had to cut back spending anyway. Thus, it is a foregone conclusion that the Chinese PLA Navy will be larger and more sophisticated than the US Navy in 10 to 15 years.
By the way, you've already previously seen this movie. A poor Soviet Union tried to compete with a wealthier United States and the Soviets went bust.
An arms race against a wealthier competitor is a fool's errand.
----------
• U.S. trade balance 2000-2014 | Statistic
Last edited:
