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by jerf 2452 days ago
Well, one of the developments of the last six months has been to put a lot of pinpricks in the idea that China is an inevitably rising world superpower that will inevitably supplant the US in the near future. I wouldn't say that's off the table entirely, but it's looking a lot more evitable.
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What we believe as American consumers and what is economically true are two different sometimes contradictory stories.