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China Sells Record Sum of US Debt Amid Signs of Diversification
(www.bloomberg.com)
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this post was submitted on 16 May 2024
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The american strategy here makes no sense. Who is all this for? Are american billionaires really OK with losing access to the worlds largest economy just as the population joins the right income bracket to be conusmers of american goods and technology? And are they OK with risking access to much of the rest of the world due to brutal prosecution of unnecessary wars and pissing off China?
It's just the
policy of "if you can't beat them, sanction them." It's telling that the US can't get into a full on war with a developed country head to head.
the US Navy basically admitted defeat by Ansarallah when the state dept started offering big concessions to Yemen in exchange for them ending the blockade
can't even win a minor naval battle against a wartorn nation without a navy
"Sure, we had to call it quits because of Yemen's drones, but let me have a go at the world's largest manufacturer of drones. I think I can win."
China has the ability to produce 8x the number cruise missiles in the entire US armory every week, so obviously we can crush them in a conflict.
USA in WW2: liberty ships aren’t pretty but we’re making three a week.
USA in WW3: this overweight and over-engineered wunderwaffe will overcome the enemy