(1) Trying to bail out China would cost huge amount of money and resource,
(2) China won’t be all that grateful for consideration U.S. has showed. It will go back to the quest of undisputed lone superpower as soon as it has recovered. The fact that Chinese regime’s origin as totalitarian communist country would exacerbate this problem.
(3) Unscrupulous dealing with China raised the stake of weaning out of dependence on China. However, things will get worse if we try to do it later.
(4) On the other hand, Chinese economy is bound to crash when U.S. goes down. No deliberate action is required. The economic reality will take care of it. This is what I suspected could happen about a decade(or longer?) ago. I did not want the dependence to last that long. However, that is what would be happening in all likelihood.
Both China and U.S. will pay for their misguided policies in last 15 years. Elites in each country mutually enabled and abetted each other. Now we are reaping the "well-earned" reward.
No pain, no gain.
” (1) Trying to bail out China would cost huge amount of money and resource, “
I wasn’t suggesting this — I’m not sure we could afford it if we wanted to... (Although the current de-facto US Govt policy of borrowing money to give away - ie the inaptly called tax ‘rebate’ and the newly announced increased ‘aid’ to African dictatorships - may not preclude an attempt....)
I agree completely with your points (3), (4), and summary sentence — we (the world) have painted ourselves into a corner, and I doubt that we have the time to wait for the paint to dry.....
Cannot believe that new number which states that 354,000 Chinese homes have collapsed from the snow. That has to be a global world record for natural disaster destruction. Does any other natural disaster even come close to that in shear numbers ? Over a million homes damaged.
The US has been led by half wits for a couple of decades now. The price we will pay for challenging Russia over Serbia alone could be catastrophic. Now we also might have to deal with a failing and collapsing China that has a brand new Navy. I actually feel somewhat sorry for the next Rino/Dino Globalist US Leader that is going to have to deal with this mess, especially considering that current Globalist Policies will only exasperate these problems.