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36 sats \ 2 replies \ @TNStacker 9 Apr \ parent \ on: China announces 84% retaliatory tariffs on US goods econ
Consumerism goes away with a prolonged economic depression. In one generation.
Probably so, but the question is whether Chinese production can more easily adapt to the loss of American consumption or American consumption can more easily adapt to the loss of Chinese products. I believe it's the latter.
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That's obvious.
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