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whowasthatmaskedman · 70-79, M
Thats a fair estimate. The points to be made are that this wont be an overnight thing. Its a creeping process, and on several fronts. The $US as the reserve currency;the international debt of the US;its reliance on Chinese components to keep its remaining manufacturing going; Chinese equity in existing American businesses and line items like the price of oil, which American slowness to innovate on will remain a vulnerable chokepoint. The Chinese will pick the moment when they feel strong while the US looks vulnerable..😷