China won the trade war. USA cannot fight a war of any scale now without the supply of refined rare earths China holds. The neoliberal financialisation and globalisation of the last 40 years have crippled the US military industrial complex and now Chinas domination of global trade in manufactured goods and commodities poses a real threat to the USA and its hegemony over the legacy organs of financial institutional global domination. WW3 has begun as a mercantile contest while many remain ignorant and in denial of the reality that control of supply chains is a huge strategic lever and China holds it while enjoying $1.2 Trillion trade surpluses and a globally expanding network of infrastructure including tertiary level trade payments protocols and institutions that compete with the legacy USD/petrodollar/SWIFT hegemony.
China won the trade war.
USA cannot fight a war of any scale now without the supply of refined rare earths China holds.
The neoliberal financialisation and globalisation of the last 40 years have crippled the US military industrial complex and now Chinas domination of global trade in manufactured goods and commodities poses a real threat to the USA and its hegemony over the legacy organs of financial institutional global domination.
WW3 has begun as a mercantile contest while many remain ignorant and in denial of the reality that control of supply chains is a huge strategic lever and China holds it while enjoying $1.2 Trillion trade surpluses and a globally expanding network of infrastructure including tertiary level trade payments protocols and institutions that compete with the legacy USD/petrodollar/SWIFT hegemony.