Re:China is betting that the West is in irreversible decline
by briantakita on Tuesday April 13, 2021 @12:07PM
(#26794372)
I wonder if hawkish foreign policy along with an Imperialist mindset, is a crutch leading to the degeneration of domestic society.
Logic being: having & maintaining the dollar as a reserve currency created a context where it becomes more economically efficient to offshore labor & production, causing broken domestic feedback loops.
History demonstrates that Empires do not last forever. The contexts that lead to the rise of the host nation/entity taking on the mantle of Empire and the host nation/entity of the Empire change.
Logic being: having & maintaining the dollar as a reserve currency created a context where it becomes more economically efficient to offshore labor & production, causing broken domestic feedback loops.
History demonstrates that Empires do not last forever. The contexts that lead to the rise of the host nation/entity taking on the mantle of Empire and the host nation/entity of the Empire change.