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I don't believe people need or want this to be 'resolved'. That is a false choice. This imbalance is unhealthy but was working largely in our favor. Any anythin
by jaybrendansmith 1y ago
I don't believe people need or want this to be 'resolved'. That is a false choice. This imbalance is unhealthy but was working largely in our favor. Any anything that can survive for 20 years can persist forever. China has a problem: They need to continually improve the lives of their people to stay in power and/or to avoid resorting to unpleasantness to stay in control. Their solution is to fund this imbalance. In any case, I don't understand why people believe any of these tariffs are in good faith. They are clearly a means to unilaterally punish some nations and reward others in exchange for ... something. They are also a way to inflict economic hardships by instituting a regressive tax on all Americans. The game here has nothing to do with what's best for the American people. It's what's best for the oligarchs, and Trump. And what's the best way to consolidate power, punish enemies, reward friends, and in general destroy the current economic order, the American middle class, the meritocracy, and what remains of democracy.