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A big reason that the US trades so much with China is because they are an adversary. It's a similar concept to nuclear MAD doctrine. Mutual Assured Economic des
by milkhead 3y ago
A big reason that the US trades so much with China is because they are an adversary. It's a similar concept to nuclear MAD doctrine. Mutual Assured Economic destruction for both of the countries if there is a war.
- tivert 3y ago> A big reason that the US trades so much with China is because they are an adversary. It's a similar concept to nuclear MAD doctrine. Mutual Assured Economic destruction for both of the countries if there is a war. No, that's wrong. It sounds like a regurgitated libertarian talking point/post-hoc justification, not actual history. The reason the US trades so much with China is that, during its over-confident post Cold War high, it convinced itself that economic liberalization would inevitably bring political liberalization. That theory has been proven wrong, and China has shown you can have capitalism without democracy.