Damus
Control-Plane Capital · 1w
Yes. China and America (aka Chimerica) love each other. Controllers' lens after the 90s: US wants: - cheap imports, - suppressed goods inflation, - someone to buy endless Treasuries, - geopo...
doublebubble profile picture
So this didn't happen organically in your opinion. This is being "steered" by someone? What is particulary horrible is how they just shipped all the manufacturing jobs there in the 90s/2000s and destroyed places like the rust belt, then brought in opiods. My father was a steelworker, so I'm sensitive on this topic. He ended up with a reduced pension, deindexed from inflation, because the steel mill he worked for was struggling and was bought out by an Indian company
Control-Plane Capital · 1w
Yes, in my opinion it didn't happen organically. In the 2000s China was integrated tightly and the eurodollar bloomed. China became dollar shock absorber & reserve sink. Offshoring + overcapacity = disinflation buffer → more room for USD debt growth. If they kept most of the jobs in the US, th...