←back to thread

462 points JumpCrisscross | 1 comments | | HN request time: 0s | source
Show context
haunter ◴[] No.45078660[source]
In the end it's the biggest leopard ate my face moment ever:

China has very high growth momentum that surpasses American living standards soon, and not long before it will surpass American security standards too. China's purchasing power is probably more comfortable than most western countries, with extensive housing and high speed rail and electric cars etc. When a country becomes rich, inevitably other countries ask for their help. That's why China's growth must be curbed, fast > tariff them to their death or so. But I really don't think it will work at all. And personally I don't even think it's a good idea at all to begin with.

replies(11): >>45078714 #>>45078792 #>>45079037 #>>45079201 #>>45079283 #>>45079402 #>>45079446 #>>45080664 #>>45081379 #>>45081866 #>>45087275 #
AngryData ◴[] No.45080664[source]
Why does China's growth need to be curbed or opposed in any way? What does that accomplish? The only thing we need to be doing is ensuring our own stability, be decently self reliant, and improve the lives of our citizens. It is in inevitable fact that China will eventually surpass us economically, they have far more people, fighting that is just crabs in a bucket fighting over who gets to stand on top of the others.
replies(2): >>45080848 #>>45081629 #
1. ehnto ◴[] No.45080848[source]
The US has been working with China for decades economically. The rhetoric around them being an enemy is very peculiar, since the US and China have been tightly coupled economic partners for decades now.

That said however, the US economy relies quite heavily on the international USD hegemony, and China being a bigger economy does threaten that quite directly. It would be surprising for them to drop the USD, but it is a significant risk.