[kayewiggin]

> a competitor (China) has caught up in most of industries

stop spreading misinformation. go look at largest companies by market cap in the world https://companiesmarketcap.com/ and you'll see US domination while China has a few handful of companies, mostly banks.

> government and elites realized that we’re screwed

That's more like China. That's why 15k rich chinese are fleeing the country in 2024 https://www.forbes.com/sites/miltonezrati/2024/07/03/high-ne..., the most of any country in the world. US isn't the one where the stock market and real estate has collapsed.

[tokioyoyo]

All those things you said are objectively true. But it’s literally US government who is up in the arms right now screaming left and right how “we have to win against China”. Not taking China as a serious competitor is just weird nowadays. Take most of top industries, and you can find its equivalent in China serving the same amount of people.