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by joefranklinsrs
2826 days ago
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I would argue time is (and always has been) on US's side. US has the more powerful economy, and the consumer market that China desperately needs to keep afloat. In addition, time will allow US companies to move its supply lines out of China without triggering volatility in its stock prices. |
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The US have the more powerful economy today. But given the above, once China is on a development path then it is simply inevitable that it will overtake the US.
When I say 'time' I'm not looking at the next quarter or next year. That's shortsighted. I'm looking at 20, 50, 100 years.
In fact, I would argue that the US government knows that and that's why they are increasingly alarmed.