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> Second to that, as you saw in the previous half of the year. A lot of living essentials are made almost solely in China. Would US elites be ready to deal with
by ardy42 6y ago
> Second to that, as you saw in the previous half of the year. A lot of living essentials are made almost solely in China. Would US elites be ready to deal with angry unwashed masses who, with some help, and incitement, would go torch their houses because they can't get not only their new Iphone, but basic medicines, clothing, car parts, basic household goods, widgets for their businesses, and such?
I don't think it'd play out like that. It's been a few generations, but Americans have experience with wartime rationing that was far more extreme. They didn't riot and demand a peace treaty with Hilter and Tojo, so they could could get the consumer goods they had been used to having.
https://en.wikipedia.org/wiki/Rationing_in_the_United_States https://en.wikipedia.org/wiki/Rationing_in_the_United_States
https://www.history.com/news/food-rationing-in-wartime-america https://www.history.com/news/food-rationing-in-wartime-ameri...
- baybal2 6y agoThis sentiment has logic to it. But, I don't see any US president standing for it before the election, or at least attempting to sell it to his electorate/funders, unless pretty much a hot war is happening. USA was the biggest industrial power by late thirties, and I think no country would've stood for Germany in the open on the global arena by then. The situation is more than a bit different now. Be hopeful that the politicians will be as logical as you are.
- ardy42 6y ago> But, I don't see any US president standing for it before the election, or at least attempting to sell it to his electorate/funders, unless pretty much a hot war is happening. I don't think it would be a hard to sell the American public on some kind of rationing if Beijing suddenly embargoes the US in a way that necessitated it. Given the economic dependencies that you cite, I think a US-initiated decoupling would likely proceed slowly enough to not cause critical disruption, just higher prices.