It’s hard to say if the president truly knows what he’s doing. But there is a precedent for the US causing short-term chaos and reaping long-term gain, says economist James Meadway
inb4 China fills the consumer gap the US leaves behind, the US both collapses the value of the dollar, fails to revive US manufacturing and the dollar gets replaced by crypto (of which China has massive reserves) as the world’s reserve currency…
inb4 China fills the consumer gap the US leaves behind, the US both collapses the value of the dollar, fails to revive US manufacturing and the dollar gets replaced by crypto (of which China has massive reserves) as the world’s reserve currency…
I don’t think that’s realistic