In a new interview, Microsoft co-founder Bill Gates said he views China's global ascent as a "huge win for the world." As the East Asian nation’s economy has seen major growth in recent years, the billionaire commented positively on China when he was asked by Michael Fullilove, executive director of Australia-based think tank the Lowy Institute, at an in-person event on Monday how “bullish” he was on the country. You know, I do think the current mentality of the U.S. to China — and which is reciprocated — is kind of a lose-lose mentality.
This is wishful thinking. The US directly or indirectly controls the vast majority of capital, production, and consumption around the world through its control over Germany, France, UK, Italy, Spain, Canada, Mexico, Japan, Saudi Arabia, Israel, etc, etc. This type of analysis also leaves out the fact that growth in China assumes that the US market can absorb Chinese goods. An American collapse is a Chinese collapse. The Chinese know this, which is why they helped prop the system up after 2008. This doesn’t mean there won’t be conflict between the two but it also doesn’t mean that China is on the cusp of over taking the US.
I'm not talking about an immediate collapse, but you'll see certain capitalists sucking up to China more as they realize more money is available there.
I'm aware the US isn't just going to disappear. It'll be a slow dissolution, and the pieces of it that fall off will probably be known as eras of the country by historians versus anything immediately obvious to its citizens.
Sure yes individual capitalists will, just as some sucked up to the USSR. All that means is that the US state will intervene and prevent those capitalists from doing this in the same way it stops capitalists from doing any meaningful business in Iran even though it would be very lucrative. Perhaps capitalists hawking food products and furniture are safe but the heights of the tech, defence, and pharma sectors will not be
This is wishful thinking. The US directly or indirectly controls the vast majority of capital, production, and consumption around the world through its control over Germany, France, UK, Italy, Spain, Canada, Mexico, Japan, Saudi Arabia, Israel, etc, etc. This type of analysis also leaves out the fact that growth in China assumes that the US market can absorb Chinese goods. An American collapse is a Chinese collapse. The Chinese know this, which is why they helped prop the system up after 2008. This doesn’t mean there won’t be conflict between the two but it also doesn’t mean that China is on the cusp of over taking the US.
Put another way, China will not achieve its self set goal of socialism without revolution in America.
Fuck, it was first-worldism the whole time. Let's sub revolution with collapse
I'm not talking about an immediate collapse, but you'll see certain capitalists sucking up to China more as they realize more money is available there.
I'm aware the US isn't just going to disappear. It'll be a slow dissolution, and the pieces of it that fall off will probably be known as eras of the country by historians versus anything immediately obvious to its citizens.
Sure yes individual capitalists will, just as some sucked up to the USSR. All that means is that the US state will intervene and prevent those capitalists from doing this in the same way it stops capitalists from doing any meaningful business in Iran even though it would be very lucrative. Perhaps capitalists hawking food products and furniture are safe but the heights of the tech, defence, and pharma sectors will not be
I just agree with this, it's a solid look at the way it'll go.
My talk of dissolution is just where I think it's heading long term, very long term. I'd love a quick balkanizing but that's just unlikely.