@[email protected] to World [email protected]English • 1 day agoAs trade war escalates, economists bet on China resiliencewww.reuters.commessage-square17fedilinkarrow-up133arrow-down11cross-posted to: world[email protected]
arrow-up132arrow-down1external-linkAs trade war escalates, economists bet on China resiliencewww.reuters.com@[email protected] to World [email protected]English • 1 day agomessage-square17fedilinkcross-posted to: world[email protected]
minus-square@[email protected]linkfedilinkEnglish5•1 day ago re-industrialize The US economy is too based on rent seeking for that to happen without a system disintegrating crash. That is, maybe some polity occupying the territories formerly known as the United States could do it. Which might be something motivating this “network state” bullshit.
minus-squareCowbee [he/they]linkfedilink8•1 day agoHence why I said it would need essentially a mega-FDR admin or Socialism to achieve, and the mega-FDR admin would merely be a delay of crashing.
The US economy is too based on rent seeking for that to happen without a system disintegrating crash.
That is, maybe some polity occupying the territories formerly known as the United States could do it.
Which might be something motivating this “network state” bullshit.
Hence why I said it would need essentially a mega-FDR admin or Socialism to achieve, and the mega-FDR admin would merely be a delay of crashing.