China now has superiority in satellite navigation. This means decades of commercial dominance.
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- Опубліковано 30 тра 2024
- China's SatNav system is now demonstrably superior to the GPS system of the US, according to industry experts and an investigative report to Congress. The Chinese system is more powerful, more accurate, and covers a much greater area, especially in the Global South and in the developing world.
This comes at a time when the developing world will see giant new consumer markets, and almost all electronic devices, equipment, and vehicles will have connectivity and mapping functions.
Resources and links:
Report to conference chair, advisory recommendations
www.gps.gov/governance/adviso...
China's trade surplus
prosperousamerica.org/china-t...
US Trade Deficit, over time
www.visualcapitalist.com/cp/c...
US national debt rising by 1T every hundred days
www.cnbc.com/2024/03/01/the-u...
Schools with zero student proficiency:
katv.com/news/nation-world/23...
www.dailymail.co.uk/news/arti...
readlion.com/not-a-single-stu...
wpde.com/news/crisis-in-the-c...
Healthcare spending per capita
www.forbes.com/sites/niallmcc...
Home price inflation
www.cnbc.com/2021/11/10/home-... - Наука та технологія
It is noteworthy to point out that in 1993 the US disabled the GPS used by the Chinese container ship "Yinhe" ('Milky Way) and accused it was carrying chemical weapon materials to Iran. The United States Navy forced the surrounding Middle Eastern countries to refuse docking rights to the Yinhe, leaving it in the international waters of the Indian Ocean for twenty-four days. The GPS of the ship was jammed such that the ship could not navigate. Eventually inspections of the ship's cargo by a joint Saudi-United States team concluded that the cargo ship did not contain any chemical weapons precursors. The U.S. government stated that there would be no apology, saying "the United States had acted in good faith on intelligence from multiple sources."
Thus China decided that it has to have its own satellite navigation system and implemented it in three stages.
1. 2000-2003: experimental BeiDou navigation system consisting of three satellites
2. By 2012: regional BeiDou navigation system covering China and neighboring regions
3. By 2020: global BeiDou navigation system
The difference of the two systems are
No. of satellites China(56) US (31)
Search & Rescue function China(yes) US(no)
Monitoring functions/facilities China(10) US(1)
Global positioning accuracy China(cm) US(metre)
What China has found out, as typically in many cases, the western technology and products are often big in name, low in substance, reveal shortcomings when there is a competition/alternative and can be surpassed easily.
The west has not gone seriously into 5G which is now nearly fully implemented in China. The Beidou and 5G are complimentary to each other. The two are fostering lot of new technological development in industrial and agricultural applications.
Another dirty trick back fired... lost count.
Great info - thank you. China clearly advances best when it's put under duress by the West. Be it your example or sanctions, etc.
The Indians claimed to have the best GPS alternative in the world. They claimed the accuracy of their system is measured in mm. l wonder how accuracy those claims may be.
Russia has combined its Glonas navigation system with China's BDS.
Mate, here in Australia doesn't remember when the US turned off GPS when we were in East Timor we are supposed to be closest friend.
Stop funding wars is your answer. Use that money where it can help the country and its citizens.
It can’t! Military is the only thing that US is good at. Not necessarily win wars.
No both Biden and trump will help their sponsors first. No money, no talk.
@@frankm6218 not just Biden and Trump, everyone in the congress have their donors whom they are beholden to serve. Even if all of them are gone and replaced, it'll still be the same as long as private companies donating to politicians is legal and allowed.
Too late…annual debt service interest is now bigger than entire defence budget
Biden only cares about US military enterprises.
China had to develop beidou because when China was using GPS before, US turned it off whenever US likes.
Like Swift 😁😁😁
And China made better gps
The funny thing when Americans write about the "dangers" of Chinese technology is that they're making a confession about their real motivations. If every progress in China is in fact a way to control and dominate other countries, this shows the true intentions of what America has been doing for 100 years.
As one wit once said, every accusation that the US hurled at China is a confession.
Criminals will always accuse others of what they themselves are doing
Yes. I've always known that. One example is COVID 19. It's got fort Detrick written all over it.
Yeah, America for the past 100 years has been trying to cut it's own throat, wingnut.
I think China decided to develop BeiDou when the US cut off GPS access to China in the 90s when one of its rockets suddenly lost signal and they didn't know where the rocket went. That was the day China was determined to develop BeiDou so the US cannot intimate it any longer. Similarly, the ISS was off limit to the Chinese, so they went out and built their own station. Every time the US cuts China off something, they become self-sufficient in that area. And now the US is cutting off advance chips to China. They will eventually become self-sufficient in that area as well. When this happen, it will hurt US's and its allies' companies the most. They will flood the markets with advance chips, like solar panels and EVs, that is when most american companies will go bankrupt.
I do not believe the US is capable of learning from their past mistakes.
edit: Like someone in the comments had also stated, the "Yinhe", the ship that lost at sea because the US scrambled its GPS signal was also the motivation behind China's determination to create an alternative to the GPS.
Now, it's microchips. The US is cutting off chips (or trying its best to) and it's gonna a few years then CHina will be self sufficient in chips. Where are they gonna sell their chips now when China is 80% of the market of all produced chips (becuase it manufactures everything for the world. Profits of Korean, Taiwan and japans's chipmakers have plummeted because they joined US sanction on CHina.
It's not just that China will sell those chips cheap; using homegrown, sanctions-proof tech means China can just ignore sanctions and sell those chips to whoever they want. If the US allowed China to receive cutting-edge chipmaking equipment that incorporates US tech, the US could then use that to prevent those chips from being sold to Cuba, Iran, North Korea, Russia, or any other country the US sanctions; if China becomes self-sufficient then the US loses any leverage it could have had to control which countries are allowed to purchase those chips.
Well said !😊
You said everything that I couldn't because cowardTube marked & censored me.😢
ALMIGHTY-:KAVEER:-GOD❤😊
It's not free, you understand?
there are millions of Chinese descended into poverty and backwards living because the money no longer goes to their food bowls but to some long expensive process towards hopefully making an advanced chip 5 years from now (and your even sicker poverty-inducing fantasy of losing trillions to 'flood markets' with them).
You get that it cost 1 Billion bowls of food that 'would have' gone to the plates of struggling Chinese citizens in order to buy a used Russian space station so some Fuer Dai kids could play 1989 era space ship games yes?
It's not free. The money (and time and brainpower and so on) that has to be taken away from something like food from the Chinese people's plates yes.
You don't get that do you?
A sign of declining empire. It costs billions to maintain power around the world.
History shows that all overstretched empires eventually collapse.
China have always kept to their region & never overstretching themselves despite their massive population base.
Yes. Americans think that it is a great idea to have hundreds of military bases around the world. However, as it loses power, these military bases become easy target (as it is already in the middle east) and very costly to maintain. This alone can bankrupt the US.
Last I checked they had 812 military bases around the world :o They are afraid of their own shaddow ;)
try trillions!
You said it all. 40% of the budget is spent directly or indirectly to maintain a feel good hegemony to which they are obsessed. They cant see beyond that even if they have no bullet train and thousands of homeless everywhere.
Some will call you a traitor for this message and yet as a truth teller you’re doing your country a service.
I for one welcome our new Chinese Overlords.
They can't be any worse than the douchebag overlords we've had the past 30 years...
没兴趣…mind your own business…
You got that right
Chinese will attack America with low cost EVs, be warned.
CCP has no interest in running USA. All they care is selling trinkets and gadget for USD. To help the millions in China who are still poor. Americans needs to resolve your own domestic issue.
For 5000 years, China never minded anyone else’s business except its own. We are stuck with our overlords 😅
US simply assumed nobody can catch up in their control of technology. They think they can either suppress any competitor from entering the market or control them through the financial market since they need money to expand. Not many countries have enough talents and also the money to spend on research. And then you need to find hard working labors since US will say people use slave labors or cheap labors despite US is doing the same. And you also need a government that is patient, consistent, good planning and foresight. A lot of Asian countries fit these requirements. But they are usually rely on US for the market and under its financial control. This is why US likes their "fake" democracy so much to do regime change. Every time , they can change the leader the progress of a country will delay another 10 years.
The US has been exploiting developing countries for several decades, sabotaging their progress in the ways you describe while idiot reporters write article after article about the 'Middle Income Trap". China broke out of the US' trap, and the US will never forgive them for it.
U$UK are the perfect examples of extreme hubris.
But that is not the case for china. There is no way the US can orchestrate a regime change in china. It is just not possible. The chances are as much as managing to fit a horse in a needle hole
Stop moaning. The US has had its day. Let others have a chance. China didn't complain when the US was no 1 in everything. It's ok for the US to be no 2. Or 20. It's the wheel of fortune.
The senates would rather spend more money on preparing and waging wars abroad.
Oh yeah, that’s where the kickback comes from 😂
@@ahsoontan1219 start war if you won but lost so many wars is a disgrace
@@jetli740 these Politicians had only self interest in their mind, not the morality
A Beidou navigation system can tell you which lane you should drive in and how many seconds you will wait at the traffic lights.
Beidou used Quantum technology.
@@liongjiahwong5478 you don't have to bullshit, but what he commented is true
I can hear in your voice how much pain making this video and the people in the West still haven’t wake up what’s going on in this global world
doesn't have to be pain, he can do nice business with China
Its music to my ears. Luv it.
Most of the people in the West have been brainwashed by the western main stream media into believing the lies and fake news fabricated by the US and its lap dogs. Remember, the US government actually budgeted hundreds of millions of dollars to help spread false news to smear China.
There is only one problem in this world: USA. Look at the major wars, economic crimes, sexyal deviance, family destruction, feminine destruction, masculinity destruction...name it. It's all american
Yes. His deep disappointment with his home country's gawd-awful governance is on open display here.
Approximately 1k of subscribers per day is not too shabby at all. On track for 100k by the end of the year.
You deserve it. High quality Contents based on facts, stats, honest and unbiased analysis will get you hold you in good stead. Thanks Kevin
yup, great channel that covers what i mostly read/watch on youtube. this channel is a gold mine
I agree. 100,000 subscribers this year and then onward and upward. Kevin’s channel has become one of my favorite because of the pertinent analyses he does.
This channel will get cut down by the democratic west YT. A lot of channels telling the truth have been throttled.
There is always money for Ukraine and Israel.
I wonder why
No. it is aid to its real, and loan to Ukraine. we said aid in public, but it's actually a loan. the empire is not a non-profit entity.
Is it corruption ?😅😊
Now you know you are unfortunately just a slave and who are your owners.
@@willengel2458UK did not finish repaying WW2 loans to US until 2006
@ 8:07 , one more advantage of China Beidu PS over American GPS: the Baidu satellite allows two way communication. If you have an emergency while stranded way out in a remote area , you can text your info on your iPhone via a Baidu satellite link. GPS only gives you your location, but you can’t communicate with the outside world. Baidu can be your life saver as it has been for many people.
Two more things.
First, Chinese-made positioning receivers tend to not just receive BeiDou signals, but also use the signals of the competing positioning systems to improve its precision and coverage; they thus can also use GPS, Magellan, and GLONASS satellites. This makes them inherently better than any receiver that doesn't make use of all four positioning system constellations.
Second, China having its own positioning system makes Chinese users, including military users, immune to GPS and Magellan service denial. GPS intentionally incorporates features to degrade the accuracy or even prevent its use, which were supposed to provide a big advantage to the US military which could then just mess at will with the positioning systems used by enemy troops; China having its own comparable system means the US completely lost this capability against China, as well as any country China allows to use their positioning system for military purposes.
yes, this is the primary reason behind the huge increase in accuracy of Iranian and Yemeni missiles.
they refused to sell atomic clock to China, so China created its own. Russia has combined Glonass with BDS.
EU navigation system is Galileo, not Magellan.
I do think baidu map is more accurate in Beijing than Google map in New York. When I start walking in New York with Google map, I always have to walk a few steps so I can see my position changed on Google map. For the Baidu map in Beijing, as soon as I turn my body to a different direction without walking a single step, it shows on the baidu map.
we wasted 20 Trillion on Afghanistan...
Less one zero, to be accurate. And it is your government not the people that supported the war.
nah, at least one billion went to subsidize Tesla. How do you think Elon got rich? Did you buy any of his products? I didn't and don't know anyone that has.
It was Cheney, Bush, and Obama.
These 3 dumb a$$es bring America down.
@@Ludak0211 billion is not enough to pay for his salary. It's more like 1 trillion over the years.
most of the money went back to rich Americans.
The problem is US don't want to spend money on industrial production. US assume it is so wealthy. All it needs to do is to suppress competition and buy up competitors while spending most of money into building weapons for wars, media propaganda, and spying. If US owns all the advance technology patents, people have to pay an arm and leg to use the patents to make cheap products for US.
Thank you so much for being honest! Unfortunately few in the West believe anything you said!
US once messing up and blocking Chinese ships from gps system and then the Chinese make their own system 😊
same with space station, now chip next
U$ hubris is impervious to learning and truth.
It's not so much what someone else did to us, it's what have we done to ourselves.
I know a country who killed its own intellectuals after the WW2 and then suffered the most for decades still is paying that price, are you doing the same with the intellectuals of the world like me?
The Curse of Wisdom from Urim.
a few months ago i was arranging a delivery from bangkok to phuket. i gave my gps coordinates and he asked me for my bds. now i know
I'm from Bayside, NY. We had the number 1 performing high school in all of NYC. That was strictly due to the demographics of the neighborhood. The liberal government soon put pressure on the school to bus in kids from low performing areas. Within a matter of 3 years, the school's performance plummeted and it later became gang infested. That was a microcosm of the American school system and reflective of society at large. I wouldn't send a child to the best ranked public school today. I'd rather work a second job and put them in private school, though that doesn't prevent me from paying the mandatory school taxes. America is beyond broken - it cannot be fixed.
School performance is not a useful metric, building the mind is more important. Philosophy, history, Applied physics, maths, chemistry.
Languages, social studies, art, Business studies are pseudo education
@@PmooliAgreed, like experimenting the mind with drugs and other psychotic chemicals. 😊
@@Pmooliwithout H1B, America can't compete.
So there are structural problems that increase every year in the US, like poverty all over the place. Institutions for the elite does not put a coybtry forward my dude
The US already lost the race
I pity you. Putting American kids against each other based on income and stereotyping them as gangs or gang infested.
I'm keenly interested in China and its extraordinary development and modernisation, and over a relatively short period. I hold Xi Jinping in high esteem, and the Chinese people. Not only their intellectual intelligence but emotional intelligence is far superior to their US counterparts. They're not obese, well travelled and educated thanks to an overall sane culture. Go China!
Its all a sham, the CCP has taken all the money and run, putting it in their Swiss bank accounts.
These are problems with the US for the last few decades, such as spending billions $$$ in military industry compleses, wars,conflicts & meddling in the rest of the world, unlike China spending their money in keeping its population fed & happy, building infrastructures & relationship with the rest of the world, R & D, education, green & space technologies, lifted more than 800 millions poverty in China & the rest of the developing world, etc
Where are your minions? You can’t possibly be turning out this meany high information videos at this speed without a team. A shoutout to them wherever they are.
Living in and having friends in China is where he gets information. It's that simple.
Kavin did mention in his videos now and then my team! To be serious UA-camr you really need a team! Even seeming lone wolf UA-camr sometime have a team behind!
Kevin is not an amateur for sure!
Inside China Business, You're so talented! I had to hit the like button!
US pilots carry beidou device in case GPS is jammed during conflict 😂
China for the people by the people 👍❤️🇨🇳
USA govt of, for by corporations (A!PAC rules)
Kevin, you do an excellent job of analyzing a lot of areas. I never miss your uploads.
I'm so touched by the US government's concern for other countries LMAO
yes they like city level to the ground in case some kid might fall out of the tall building
Your column is very good... Your ability to simplify complex systems already online reveals trends and potential. The US manufacturers "sell to rent" schemes will destroy what little competitive edge the US has left...
You're on a roll with d'em videos
Again a very good content
weird y the us govt doesnt tax rich people and companies more
Because the US govt is controlled by these rich people and companies.
that is the genius of capitalism dear.....the best system that money can buy, and A!PAC knows it.
Our officials take bribes from industries and billionaires and they are called campaign contributions or dark money.
Excellent,as always,you will soon be overrun with listeners, success,breeds success,
Thank you
On the flip side you'll be inundated by hate mails and messages from people who think your motives are suspect and smell CCP.
Thomas Jefferson said, "The government you elect is the government you deserve"....
States school systems is like operating a business not educating students. Unionizing public sectors costs a lot of money to operate which is buying not including new things for students.
China is amazing.
Is amazing but took my inventon and not even a word from them.
It's just another over-capacity issue.
Agree with you. Visited China last Sept, the BDS based navigation there works way better than Google MAP
The US government spending is out of control. It has no desire or plan to balance the budget. Keep on borrowing.... 😨😨😨
The chinese navigation apps using the Beidou satellites can offer lane navigation, it can show you which lane you are in on the map and tell you to switch to the correct lane for the next turn a few hundred metres ahead, and that's just civillian accuracy offered to millions of users at the same time, imagine it's millitary capabilities.
As Sun Tzu wrote "when you are strong appear weak...."
Stop minding other countries' business and stop all the corruption that is going on!
Yeah. He should start by stopping these videos. Just let the Americans sleep and dream. Instead of feeding them with reality that invites jealousy eventually turning into hate.
But goblins need to get profits from globe, so that they can continue buying politicians, funding candidates, lobbying, ,they can't stop minding other countries business
With goblins control over this country, all your wish won't happen
They also had a great Chinese Melodrama series (Here We Meet Again) about getting that satellite navigation system up as a means of national pride in the face of threats from the Russians and the Americans. It does perform better than ours...
The center of power is moving to Asia - and it will be completely impossible to maintain our standard of living because of it. Money printing will have to stop eventually, and that will be the end f the good life for many of us here.
Thank you, Kevin for the work you do here. I found your channel recently and immediately bell-subscribed.
First time watching you! You are a great China promoter!
Razor sharp as always.
It’s okay, we still have freedom and democracy!
Angelina Jolie just made a statement regarding Israeli withdrawal from younis, at least they are free. Destroyed but free
🤣🤣🤣🤣🤣🤣
With the horrendous situations in the West, u can keep your freedom and democracy. NO ONE is envious! Pls don't be delusional to think that anyone is looking at the West for solutions.
so patriot to live in a tent city and shout freedom and democracy
This is the mentality that kept your country from prgression
The guy seems sad; he must have love his country very much.❤❤❤
He is right, I love my nation and my country too.
Great channel, thanks ❤
the usa power grid also needs a complete overhaul.
Imagine a government that gave 2 cents about its citizens…where we could have been instead of where we are!
Here in the UK just as bad and corruption is rampant.
Thanks for your awesome updates. I watch you every day. From South Africa.
You make excellent videos! Thank you!
Enjoy your videos. Very informative. I’ll be teaching in China this summer.
This video did not address the Stsrlink satellites that can be used along with GPS? Does it provide a better coverage and accuracy against Beidou?
I had to buy a 30kva Diesel generator a couple months back. European made was $11,000 and the Chinese made was $4,500. My Engineer said the European brand was better but not that much better.
Excactly, the quality margin is very small and Chineese products get's better and better by each passing day.
You nailed it. Predatory Spending. So true.
The narrative is also catching up to a new reality. For some in a tangible way, for others possibly a bit more intangible.
Nevertheless.
The flow is in motion.
Real talk. Straight. Logical. Facts. Love it!
Last year, Chinese speaking media already covered the technical superiority of BeiDou in the region. GPS is mediocre in comparison even for consumers.
It’s painful to see politicians have different priorities than the people
Great point. I use GPS in the Uk.
It is accurate to 5m (unless you can access its military accuracy) which means driving along the Embankment my old sat nav sometimes puts me driving in the river Thames!
The real worry is at a multi junction it can think your on the correct lane to pull off the correct exit when you are not. Fortunately, lanes are generally well posted but if you are unlucky enough to be watching other traffic and manoeuvring - you might miss the sign and be left reliant on just gps then with 5m accuracy - it can be a bit of lottery.
It would be nice if they would put up a few more satellites in other areas. I used sat nav in Singapore and it got things badly wrong because it only could lock on to 2 satellites instead of the usual number. No problems with bds and the satnav on my Huawei phone though. I now rely on my phone and not a dedicated sat nav.
This is very good.
It cost hell lot of money to keep the fat cats of the Military industry complex happy. If that money was to put to use educating, housing for the homeless, rails and health care, US would have been in a much better shape.
The World looks on at the Fat Cats of the Western world. Is that not how the West has always lived off this entitlement. The world must service the rich Capitalist West. ?!
From 2008 to 2024, the US debt grew $25T, that is about 6%GDP per year. With out this debt-induced GDP, US GDP would have been -3% every year.
sounds like a huge strategic weakness, hilariously large, that check mates NATO whom is totally reliant on GPS as is the trillion dollar aviation industry.
I like this guy's channel.
Very nice.
Slowly but surely...
Old news. Beidou system surpassed GPS 2 years ago
Totally, China's PPP already surpassed U$ 5 years ago now, but U$ still thinks it has the highest growth in GDP but producing very little in fact.
U$ is the land where you believe the lie, then it is no longer a lie. LMAO
Another fantastic presentation from a superb presenter!
The problem lies in why did the USA stop progressing. The country should have GPS v.4.0 with say at least 100 satellites orbiting the earth.
do not worry. US congress will pass a law forcing every nation to buy a ford exploer.......... hahaha
Kevin, i sense frustration and anger about how US leaders lost their sense of priority. US has lost her ways.
Kevin, you seem to have missed posting the link to this very article that was expected to be read by the politicians/military people in the US.
Let us hope that UA-cam would not immediately delete my contribution to your video here. (the article title and the hyperlink shall be posted as a reply posting to this instant posting (as of 4:02 AM, Wednesday, April 10, 2024, Greenwich Mean Time (GMT)).
US has some special too, like gender nuetrel bathroom, election of old guys, hypocrasy, race equality issue. printing money, deficit, 2nd amendment, guns, court case - appeals forever....
do you need more space to list?🤣🤣
@@roddiechandefinitely
@@roddiechan fentanyl. Last month, a friend of mine (American friend) had a son went to the other side because its overdose. I never expect and never knew it was soooo wide spread.
@@danielli9167 *:* I had surgery last year and the anesthesiologist screwed up and I awoke when they were finishing stitching up.
I was in so much pain as I was literally trying to jump off the table so I heard a nurse say something, something "(something) dose of fentanyl" and through the extreme pain I instantly thought "isnt that the stuff that kills people"?
@ 1:05 “ we spend more per pupil than anyone in the world…..” That spending doesn’t go to teaching but to teacher salary and pension fund, courtesy of the powerful teachers labor unions. The bigger the city, the bigger the teachers labor union, and the worst the public education becomes.
US: 500 million but 150 million is the actual cost. Greedy military complexes.!!!
China: 500 million is the actual cost.
No. China is more like within 500M budget, they spent 350M for the R&D, 100M for the subsequent upgrade, and 50M for the pre-research of the next generation.
How about testla self driving mode, are you telling me it may be no good.
self drive car do not relied 100% on gps, most of it steering is done with vision camera, other with both vision camera and lidar.
As we speak, if a Thai consumer wants to buy an EV, s/he doesn't even have an American EV to choose from - I don't consider Tesla American as I'm not even convinced that Elon considers Tesla American when in fact he was catapulted into the stratosphere of wealth on the back of Tesla profitability in China after his first gigafactory was built in Shanghai. When we talk American cars, we think the American legacy brands like GM, Ford and Chrysler (the third now no longer exists as American), all of which are non-entities in the EV world. So the Thai consumer's decision is already made for him - Chinese or Tesla...or Korean. Same scenario throughout Asia.
Thank for the video. I don't know why I am feeling a sadness ...
sad truth!
Are you in Qingdao?
Yeah.... not surprising ..... the US is focused on who gets to use what bathroom ....
Gold price in U.S.D. is rising daily now. This a predictor of what is to come. High probability of 10-20 years of currency depreciation coming. This is a text book case of Triffin's Dilemma & Life Cycle Of Empire.
Sounds like you are in the business of trading precious metals?
This guy has to be the most impartial business commentator in the game. It's not even that he's pro-China, he's just thinking cogently about the facts and arriving to rational conclusions
It’s a crying shame what’s being done to our country by corrupt elected officials.
It’s fun to see the change of weather through how you dressed for the video.
American new car sales still do not include gps in our base models Kevin.
this should be teaching in school
👍
Can’t blame China for that
Kevin, will you be able to do an article of Huawei's Cell phone
that have Satellite features. 🙏🙏
❤
Im in Sydney Australia. I have never used a single GPS system that can tell the difference between a road and a tunnnel, and I have never used a single GPS system that doesn't spin out of control in the CBD. I want to check whether a BDS system can keep up, the roads are pretty dense here and all sqiggly.
it depend on the equipment you are using and it map.
可以下载高德地图
China have their own space station. That's already amazing.
Can someone tell me how US can repay the debts, when it incurs 1 trillion in every 100 days.
keep going at this rate, eventually Tax would not be able to cover the interest rate, that when the country will collapse
somewhere i read the end point is about 2050-2060
US has no intention to repay the debts