4 ms·
Another interesting historical analogue to the current situation with China is the Soviet Union - who some of us can remember was also poised to massively overt
by qqtt 5y ago
Another interesting historical analogue to the current situation with China is the Soviet Union - who some of us can remember was also poised to massively overtake the American economy at one point. History had other plans and in particular, things like the belts & roads initiative feel like very large echoes of this not-so-distant past.
You might say that China has learned the lessons of the failing Soviet Union's plans for expansion and domination, but so too has more democratically focused allies as things like AUUKUS & TPP (with or without USA) can attest.
Bloomberg had a good piece about this worth reading
https://www.bloomberg.com/opinion/articles/2018-08-12/soviet-collapse-echoes-in-china-s-belt-and-road-investment https://www.bloomberg.com/opinion/articles/2018-08-12/soviet...