On October 31st the following comment was posted by life long US Communist Mike Gimbel on his Facebook page which he regularly uses his Facebook page to share his valuable perspectives.

The US capitalist rulers (and their vassals), TODAY, are a mostly ‘rentier’, A/K/A financial oligarchy, akin to the royal families of old Europe and their bankers, almost completely separated from actual production.

The former capitalists of the USA were masters of industry!

At the end of WWII, US capitalist Gross Domestic Product (GDP) was 50% of the entire world’s GDP. That internal production produced utter dominance of the World capitalist market!

The US was the manufacturer to the world!

In the late 1970’s, with the ‘High-Tech revolution’ and the acceptance of China into the WTO, in a ‘gold rush’ for quick profits, the US (and many of its Vassals, such as the UK) shifted manufacturing and mining to China and other countries of the global south.

This ‘gold rush’ of massive profits caused the imperialist Stock Exchanges to climb precipitously, while the ACTUAL PRODUCTIVE ECONOMY of the USA was de-industrialized.

The greedy US capitalist rulers confused their bloated bank account ‘bottom lines’ and stock exchange prices, believing those ‘bottom lines’ and stock exchange prices represented actual US productive power.

Allow me to illustrate the reality behind the facade of GDP:

The huge US capitalist company, Amazon, is a huge contributor to the false facade of the US GDP, as opposed to the REAL US GDP.

Why is that? Shouldn’t its sales and its profits be listed under the US GDP? NOPE!

Amazon is a just Retail Store.

Amazon produces NOTHING!

Only a small portion of the products sold on Amazon, are actually produced in the USA!

What countries sell produce on Amazon?

China is number1!!! OVERWHELMINGLY!!!

Other vendors, with far smaller portions of the Amazon sales, come from places such as Vietnam and Malasia.

In other words, Amazon is, primarily, a Chinese retail store!

Ditto for most of the US retail stores, such as Walmart!!!

Amazon’s profits do go to its US owners, but should those profits be included in GDP, in which the D and the P represent “Domestic Production”?

OF COURSE NOT!

If the product is produced outside the country, then how is it reasonable or even logical, to include that product in US GDP, where the DP is DOMESTIC PRODUCTION?

Just because something is ‘bought and sold’, such as items purchased on Amazon or at Walmart, it is false to use the cost of that purchase to be added to GDP.

It was not produced domestically! Is my LOGIC not absolutely clear?

This fictitious GDP is what the US corporate rulers still believe in and promote in all their media!

It is why they are so blind about their own internal economy that they so miscalculated, when they started the proxy war in the Ukraine!

Even the capitalists in Russia believed the US propaganda, at the beginning of the proxy war in the Ukraine.

It is why Russia was so scared of the US/NATO military alliance, at the start of the Ukraine proxy war!

The Ukraine proxy war revealed the weakness of the US/NATO domestic production, to the entire world, including to Russia, itself!

That ‘reveal’ of the weakness of the US/NATO production vs. Russia, reveals a much more startling weakness vs. China!

Today, China’s manufacturing sector is climbing towards three times the USA’s manufacturing sector!

By all indications, this China/USA comparison may be even more stark when it comes to mining!

The USA still has substantial domestic production in agriculture and oil and gas production, although not enough to dominate world production.

The US corporate media, prior to their disastrous proxy war in the Ukraine, often called Russia a ‘Gas Station’ with a country.

The disastrous Ukraine proxy war has proven just the opposite:

Russia has a powerful domestic industrial manufacturing and mining and agricultural base, whereas the USA, in somewhat of an over-statement (but still true), is becoming the actual ‘Gas station’ with a country!

No matter how much the US and its vassal imperialists ‘dream’ about their power to dictate to the world, that power is GONE FOREVER!

Yes, these imperialist vampires will, for a very short time going forward, cause much suffering and death around the world, but the final end is all too apparent, for their hegemony.

THERE IS NOTHING THEY CAN DO ABOUT IT!

What will follow is an economic catastrophe within the western imperialist countries, especially the USA itself.

The De-industrialization, combined with massive sovereign debt unbacked by actual productive capacity, will force the capitalist rulers to crush their own internal populations under massive austerity policies, in order to protect their own ruling class survival.

That will not work!

The masses, in the West, will not tolerate such an attack on their living standards! They will rebel!

They will defeat these internal capitalist vampires, under the Red banner of revolution! Communism will win in the West, simply because the west has cleared their economies of serfdom and other, non-capitalist forms of oppression.

In the West, the proletariat and the capitalist rulers will stand face-to-face, with only a more and more proletarianized middle-class, between the two fundamental rival class.

The USA, from the Atlantic to the Pacific, from the Canadian border to the Mexican border, has a working class of hundreds of millions that will face off with a miniscule “financial royalty”.

WHEN THE ‘FACE-OFF’ HAPPENS: COMMUNISM WILL WIN!!!