3 ms·
The problem China has is that as long as they depend on exports, they depend on the US consumer. If the US consumer stops spending, there is nobody else to pick
by a34729t 2mo ago
The problem China has is that as long as they depend on exports, they depend on the US consumer. If the US consumer stops spending, there is nobody else to pick up the slack.
- pseudony 2mo agoBut the US consumer is also quite self-centered. They will happily torch alliances and neighborly relations over perceived personal benefits. I doubt the US consumer would lift a finger for Taiwan. It will be a combination of weakness and indifference.
- mitxela 2mo agoWhy can't they just print the same money and destroy the corresponding goods, worst case? What would happen?