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by xgk
820 days ago
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An alternative explanation might involve both of: 1. Stopping technology transfer worked exceedingly well for the west weakening the Soviet Union during the Cold War. 2. A distinct lack of (non-violent) alternatives for the West preventing China becoming the world's leading technological superpower (and hence also strongest military). I doubt this will be successful in the long run, because China is not burdened by the Soviet Union's extremely inefficient way of organising its economy. Not to mention that China is the worlds biggest market. |
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I'm pretty sure we're rapidly heading into a West vs China military conflict. I think part of the reason we've held rates higher for longer is that it hurts China more than the West as a way to undermine the Chinese economy. Coupled with the sanctions the West is getting ready for a 'timing attack'. But if the West is wrong and loses that war then we're effed. I would prefer a graceful stepping down from world hegemon and taking our seat at a multipolar world where we can focus on getting our own house in order. But obviously those in charge have other incentives.