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Originally Posted by AVGWarhawk
Do not care. China needs America buying the crap manufactured. That simple.
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It seems like some of you don’t fully understand how economics works. On the one hand, China has been a major contributor to the wealth of the U.S. and the West in general. But on the other hand, many overlook the fact that China may now have the upper hand.
Contrary to what some believe, China doesn’t ultimately need the U.S. as a trading partner. I’d suggest visiting your local library and reading up on China—its history, its culture. These are smart people with a long-term strategic mindset that stretches decades into the future.
China is not a democracy. Even if it lost the U.S. as a trade partner and fell into a recession, the Chinese government would likely respond with more aggressive foreign policies—such as escalating tensions around Taiwan—in order to rally domestic support.
Your Donald is lying to you. The U.S. is far from independent. Just look at who holds U.S. debt. Compare that to Japan, where a significant portion of government bonds are owned by its own people.
It just doesn’t add up. Trump’s fanboys live in a fantasy world, and that dream may be coming to an end soon. One can only hope it doesn’t result in a financial crisis worse than 2009.