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> This won't end well for the citizens of Western governments. Neither does giving China everything they want, though. I agree that America isn't poised to rep
by talldayo 2y ago
> This won't end well for the citizens of Western governments.
Neither does giving China everything they want, though. I agree that America isn't poised to replace all the things we import from China, but denying them from strategic sectors like compute and chipmaking makes perfect sense. China has to aquiesce to the principles of globalist security if they want to reap the rewards from international partners like ASML and Nvidia. America has no reason to give China the slightest foothold for as long as they seek political isolation from global partners.
On the flip side - there is a path for America to re-affirm it's position as a high-tech manufacturing hub China couldn't hope to replicate. It will take a while to get it working, but with enough funding America can import everything China can't have and build their manufacturing sector off that. I don't have high hopes for it, but I don't have high hopes for China catching up on EULV in the short-term either. Sanctions against China make sense from every perspective except short-term profitability.