4 ms·

Virtually every single one of Europe's prized industries are in China's crosshairs.

• RestartKernel 1y ago
  No doubt about that, but I'm talking general sentiment. Not the conclusions you'd get to after careful deliberation.
• illiac786 1y ago
  that is true of every country with a significant industry… and if the US had the capability, they would try to do exactly the same. And that’s also a good illustration of sentiment toward the US today.
  • corimaith 1y ago
    The US did have that capability from 1945 to the 80s. Clearly Reagan and Clinton were willing to transition to a financialized service based economy and offshore the supply chains elsewhere. Well for the OECD it worked out pretty fine, Japan and Korea provided new markets for USA while standards of living improved. But when you are realistically not expecting to maintain balanced import dependency or public foreign ownership, then it becomes zero-sum. A cynical projection from those less fortunate.
    • illiac786 1y ago
      Fully agreed, they did. They would not anymore, this is my perception/sentiment.