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this post was submitted on 10 Dec 2023
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Oh yeah, China is the main source of inputs for about 95% of all American industrial sectors once you include all the intermediaries. There is zero chance of any meaningful decoupling happening.
https://edconway.substack.com/p/globalisation-is-a-far-far-bigger
Ahkshually sir we are calling it derisking but rest assured it's not because we have realised the impossibility of the task
lol yeah, they really walked that back from the original lofty goals haven't they