I predicted in my book the fall of the US economy

The fall of the US economy was inevitable. And there is no need to look for reasons in coronavirus or black revolution. They only accelerated the fall, but they are not fundamental reasons.

Index of Ivan Kushnir

I invented an index that shows the relationship between consumption and reproduction, and predicts the growth or decline of the economy in the future.

If the index is positive, then the country invests more in reproduction compared with other countries, which means that the share of its economy in the world will grow.

If the index is negative, then the country consumes more and satisfies current needs, and does not care about the future.

 

Kushnir's index for the United States from Economy of the United States

As a result of insufficient reproduction in the United States, the share of US GDP in the world fell from 31.4% in 1970 to 24% in 2018, and will continue to decline.

Kushnir's index for Cnina from Economy of China

 In China, high reproduction rate increased the share of China in the world from 2.7% to 15.9%.

In 2017, President Trump promised to invest a trillion dollars in infrastructure. And that would improve the situation. But instead, he built a wall and continued to waste money and time.

So, I expected America to fall, but did not expect so fast and deep.