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0 sats \ 1 reply \ @OT OP 11 Nov \ on: The China Trap: Everything Becomes Too Cheap to Survive econ
@Solomonsatoshi Anything new to add?
Building the most competitive productive economy that makes everything cheaper than the west ever can is a problem?
Only a problem for US exceptionalist Libertarians who do not understand the strategic and economic significance of dominating global supply chains.
The USA cannot fight a war of any significance for the next decade at least because it does not have independent rare earths supply chains.
No amount of convoluted imperialist apologist sophistry fixes this problem.
Get on your knees and beg for rare earths Uncle Sam Trump Jewish bankers muscle boy - you LOST the trade war.
Within 12 months China will have its 3nm microchips supply chains up and then you have lost the game all together.
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