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Is it possible for the west to build enough factories fast enough to offset a cutoff from China ? It’s obvious a conflict would lower the standard of living fo
by great_psy 3y ago
Is it possible for the west to build enough factories fast enough to offset a cutoff from China ?
It’s obvious a conflict would lower the standard of living for both countries, but I suspect Chinese people are willing to put up with worse qualities of life compared to westerners.
China went though a boom in quality of life, so in the same lifetime they are “returning” to what they had before.
Americans especially lived a pretty cushy life for the last few generations.
- jmopp 3y agoI don't know about that; it's been around 50 years since market reforms happened in China. Add to this that China considers the century it was dominated by western powers as an abberation, and you've got a recipe for the current regime losing the mandate of heaven, as it were.