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This is just one of the things turning China into a relatively less dangerous and harmful trading partner. I've often wondered aloud how the US tech industry is
by Zigurd 2mo ago
This is just one of the things turning China into a relatively less dangerous and harmful trading partner. I've often wondered aloud how the US tech industry is going to deal with losing international markets, which have historically been half their sales in mature product categories.
Investors might be attracted to the bleak future they are selling, but they are selling a shrinking share of the world economy.
I can think of one way to explain it, and it's not good: they expect global war.
- tescreal 2mo agoThey're just silently waiting. No need to make a big show, just simply being the best alternative is enough of a pitch.
- csomar 2mo ago> they expect global war Based on the recent performance of the US and Russia, there is likely no "global" war. China might take out Taiwan and that will be that. Everyone else will just go/stay home.
- Zigurd 2mo agoHave I fumbled the pronoun? I don't mean the Chinese are expecting global war, I mean people like Andreessen are banking on war as a means of economic reset. They are unconcerned about even medium-term consequences now.