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My impression is that China "plays the long game".  It's not long for them to plan for a century.  The US has trouble planning next year's budget.  Frankly, I don't see much hope for the US longer term.  We can rearrange deck chairs a bit.

My impression is that China "plays the long game".  It's not long for them to plan for a century.  The US has trouble planning next year's budget.  Frankly, I don't see much hope for the US longer term.  We can rearrange deck chairs a bit.

This is 100% fact. 

China plans for the next 100 years. 

America used to be a nation like that. The financial sector used to only be a fraction of total corporate profits- barely even 10%. By 2008, right before the crash due to the extreme financialization of the economy- the financial sector was something like 47% of all corporate profits. 

Wall Street has captured this entire country, from its political elite to it’s manufacturing, and devoured it. They have put pressure on its leaders to sell out its future for showing growth on paper QTR to QTR. That’s all the matters- the here and now- not the long game. 


That’s why US multinationals have started JV’s with Chinese communist back entities, handed over trade secrets and transferred tech to these Chinese firms willingly- just so they can grow NOW. What happens when their non-competes run up? Chinese companies are going to drive many of them right out of business or buy them up.

Sell out the future for a quick buck today. China doesn’t do that. We do. Time to change it up.

China has significant advantages we don't want to emulate here.

Note that the baseline for the vertical scale is not zero.  Whether more married women are working now because they have to do so to keep up with the Joneses, or whether wages are relatively stagnant because there are more women (along with more low-wage immigrants) in the workforce--it would be nice to know the answer to that.

Big Labor--ostensibly looking out for the interests of its members--basically supports unlimited immigration.  So do both political parties in reality, although one of them claims otherwise.

I suspect our inability unwillingness refusal to reduce our national debt is a bigger long-term problem for us than whether or not--or how much--we trade with China.

Let's hold off on the names of the politicians please.

I see little realistic chance China doesn't "win", short of some internal revolution there.  They see to it that the average Joe sees his life gets a little better each year, it's not hard to do.  They remain quiescent, and the "central committee" controls the economy.  It's efficient so long as they don't make obvious mistakes or need to appease the masses as they do in say France.

Macron can't do much because the unions will shut the country down.  That doesn't happen in China.

This is a whole new thread, but it would probably spiral in a hurry, so let's not.