China teeters on the verge of revolution at anytime. Crash the economy by abruptly stopping exports to US and revolution will be certain.
“Crash the economy by abruptly stopping exports to US and revolution will be certain.”
Reagan crushed the USSR without firing a bullet, Trump can do the same with China. He just needs four more years. He’s done an amazing number of things already, without one finger being lifted in Congress to help him.
And who knows if the Chinese people would be any better off afterwards.
Their economy appears to have been substantially affected by the Wuhan virus. Apparently that wasn’t a LARGE enough of an impact to cause a revolution, or maybe it may actually require something more than just an economic impact, right?
And if we cut them off abruptly, we the people would suffer.
I would be thrilled if we could completely do that because they are constantly treating us like a first class enemy, but the result might be that we still end up getting supplies from them indirectly through a 3rd party - and said 3rd party would just obscure the original source (i.e. we wouldn’t know it’s actually from them) - at even higher prices. There’s a saying about the enemy getting a vote.
China has a LOT of people, many of whom are highly skilled - those real facts give them influence in trade. And they have a LOT of technology from us, some stolen, some we gave away or even sold to them freely.
Americans might eventually forget this “blip” and begin to question why we pay such high prices when other countries just buy from China. I wish that with our expertise in robotics that we could leverage our labor supply even more effectively to bring more manufacturing back, but I don’t see that happening.
Also, to gain access to the Chinese market - and their billions of buyers - many corporations seem incentivized to set up shop over there for that reason alone. **cough** **cough** Apple? Tesla? **cough**
I’m not sure what we can actually do about it: what are your thoughts?