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But can anything replace the west's unending consumer appetite? As big as they are, can their own people consume enough? I think a lot also depends on US electi
by badrabbit 6y ago
But can anything replace the west's unending consumer appetite? As big as they are, can their own people consume enough? I think a lot also depends on US elections.
- baybal2 6y agoThat's the question. Either China tries to grow more itself, or it will seek to boost trade with whomever is left in the non-aligned camp. Boosting own consumption didn't work much for China in the past Selling more to the few of its allies will not work either for the sane reason. China's only option is to do a Marshall Plan 2.0 in the developing world, and hope to dramatically reshape their economies, in hopes of them actually making these money, and just borrowing to buy Chinese trinkets.