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by TheOtherHobbes
92 days ago
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If US hegemony is total, why is there no oil flowing through the Strait of Hormuz? Why does the US economy rely so heavily on chips manufactured in Taiwan, and on components, products, and services provided by China? The difference between the US and China is that China understands that carrier strike groups are not the modern definition of hegemony. |
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https://www.semiconductors.org/chips/
China's attempts at hegemony have largely consisted of making loans on bad terms to corrupt developing countries and then trying to foreclose when they don't pay. This has not worked.