If the orange brainless believe that Xi will bow to his irationality he s good for a rude awaking, China has a vivid memory when it comes to the infamous Unequal Treaties that destroyed her economy, she want her historical economic leadership back and she has already succeeded in doing so since in real terms their economy is actualy 25-30% bigger than the US's.
All they have to do to counter what is a non military war is to give their workers a 50$/month raise, wich is peanuts, this will amount to 350bn $ bigger domestic market and increase exports by 100-150bn $ in the rest of the world.
What is ironic is that lower oil prices will not only ease the thing but the currently higher $ parity vs the yuan allow them to dump their 761bn $ worth of US treasury
bunds at a good price to fuel their growth, all while saturating the US debt market
and hence cutting the US borrowing capacity wich will result in tremendous interest
rates.
We are living an acceleration of History and the definitive end of the US economic
dominance, those tarrifs were supposed to keep it from happening but instead will just bring it earlier, as nicely said by french writer Jean de la Fontaine a man will often find his destiny in the road he took to avoid it.
All they have to do to counter what is a non military war is to give their workers a 50$/month raise, wich is peanuts, this will amount to 350bn $ bigger domestic market and increase exports by 100-150bn $ in the rest of the world.
What is ironic is that lower oil prices will not only ease the thing but the currently higher $ parity vs the yuan allow them to dump their 761bn $ worth of US treasury
bunds at a good price to fuel their growth, all while saturating the US debt market
and hence cutting the US borrowing capacity wich will result in tremendous interest
rates.
We are living an acceleration of History and the definitive end of the US economic
dominance, those tarrifs were supposed to keep it from happening but instead will just bring it earlier, as nicely said by french writer Jean de la Fontaine a man will often find his destiny in the road he took to avoid it.
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