Just to clarify, I don't think any of the events listed above will ever happen in our lifetime. I am just using them as a way to reinforce my expression of non-expectation on any real change to this in our new found normality.
Just to clarify, I don't think any of the events listed above will ever happen in our lifetime. I am just using them as a way to reinforce my expression of non-expectation on any real change to this in our new found normality.
A significant portion of our economies are interdependent at the moment. The US pays China to manufacture our products because the Chinese have fewer scruples about human rights or pollution (which obviously implies that our American scruples are at best superficial). So the only way I see us coming to a head with China is if we decide that we care about people (workers and the environment that we all depend on) and make China account for their pollution and human rights costs (either by forbidding trade with them outright or making them pay steep import taxes to level the playing field with countries who don't profit off of slave labor and pollution, including hypothetical US domestic manufacturing). That might make China desperate.