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You are missing a step. How does "Keep trading" mean that war is inevitable? It almost certainly means that devaluation of the dollar is inevitable (the ultima
by appleflaxen 10y ago
You are missing a step. How does "Keep trading" mean that war is inevitable?
It almost certainly means that devaluation of the dollar is inevitable (the ultimate fate of any currency that runs an account deficit for long enough), but to say "war is inevitable, therefore declare war today" is ridiculous.
- rrggrr 10y agoThis chart (1/2 through article): https://www.ft.com/content/acd3f2fc-084a-11e6-876d-b823056b209b https://www.ft.com/content/acd3f2fc-084a-11e6-876d-b823056b2... suggests a disorderly adjustment for China if its economy is not rebalanced soon. With this adjustment will come much social unrest and with that always comes scapegoats and calls for war. So, its no the United States that concerns me.