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Before WW1 people stated similar reasons why a war would not start. People also thought that Putin wouldn't invade Ukraine because the economic consequences wo
by rqtwteye 4y ago
Before WW1 people stated similar reasons why a war would not start.
People also thought that Putin wouldn't invade Ukraine because the economic consequences would be devastating, especially for Russia. Seems dictators don't really care about their own countries. Now with Xi grabbing more and more power in China he may also lose grounding in reality.
- Apocryphon 4y agoChina is far wealthier and more integrated with the global economic system, though. Wouldn't they have far more to lose than Russia did?
- 988747 4y agoThey are also "too big to fall" - any economic sanctions against China would hurt the West equally (if not more) than them. China produces half of everything you buy.
- Apocryphon 4y agoThey also import a ton of food, ore, oil, and LNG, so who knows how that dependence plays out. https://www.nature.com/articles/s41893-021-00784-6 https://www.nature.com/articles/s41893-021-00784-6
- arroz 4y agoI don’t know if it’s true that it would hurt more the west. It would hurt both.
- rqtwteye 4y agoI think the pain in the West would be relatively short-term while they are rebuilding manufacturing capacity. Globalization has hurt a lot of workers in the West so it may actually positive for them. China on the other hand would have nobody to sell their stuff to.