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0 sats \ 0 replies \ @Solomonsatoshi 5 Apr \ on: When 500 million Chinese change their spending habits, the world feels it econ
You assume they are referring to 'garbage time' as meaning a Chinese loss is inevitable.
They might see it conversely as China having already won the trade war and defeat of the wests global hegemony as being a foregone conclusion!
Trumps global tariff war is most likely to result in other countries to be even more reliant upon trade with China as China is already demonstrably providing the most attractive trade offering in terms of manufactured goods and commodities.
And then there's shipping and logistics...already overwhelmingly dominated by China.
Rare earths. Won.
AI, robotics, biotech, nanotech, solar, wind, hydro and nuclear energy technology, 5G and other post industrial era strategic technologies where China increasingly leads the west or is catching up.
mBridge and other Chinese digital trade payment protocol alternatives to USD SWIFT are already operational and could undermine US financial system hegemony and reserve currency status, if US debt insolvency doesn't do that first.