• Evilphd666 [he/him, comrade/them]
    ·
    1 month ago

    Thing is US is broke. China has a US sized population which they are signing deal after deal with in Indonesia. We're becoming irrelevant. Which is smart for China.

    • quarrk [he/him]
      ·
      1 month ago

      The US is in debt at the federal level, but it still represents one of the largest markets because of how much spending power is held by the middle class, relative to other nations. It’s on the decline but it still isn’t at the point where China can just shrug off the US.