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mbgerring | 13 days ago
By the time the U.S. figures this out, there will be whole regions of the world currently without a power grid where people will be driving Chinese electric cars powered by Chinese solar and batteries. Those countries will have no incentive to participate in the U.S. financial system, since they won’t need U.S. dollars to purchase oil, and they will be entirely out of the reach of the mechanisms the U.S. uses to police other countries.
The scale of the extremely predictable disruption to the global political order will be huge. I work in the energy industry and I am, let’s say, an 80th percentile SME on this subject, but this is so obvious that I know other people must see this. I don’t understand what the plan is here.
plagiarist|13 days ago
hshdhdhj4444|12 days ago
It’s worse. Canada, Australia, Europe, India were engaging in trade wars with China at the behest of the U.S.. South/Latin American countries like Brazil, Argentina, Mexico were also severely limiting their exposure to Chinese companies.
All that changed in a matter of months.
D-Coder|13 days ago
There's your problem.
rbanffy|13 days ago