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Eerily similar to post-growth 80s Japan. Chinas growth period is over. Sorry all edgelord BRICs bootsuckers here.
The US must fully embrace and encourage stablecoin providers. Being able to put USDT/USDC directly into the hands of every Chinese, Indian, Brazilian, etc is a win-win for all (well its a major loss for the local politician, but who cares....)
We only need a single shitcoin, and king-shitcoin (USD) should be it