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Why would the US leave the world to China? Everybody should know that China fell behind because they burned their boats and isolated themselves.
What the US are doing doesn't make sense. What's actually happening and what are the real goals?
A lot of the populist roots of it come from the consequences of globalization. We had allowed corporations a lot of control over our country starting with Reagan, and with globalization we got a massive influx of cheap consumer goods. The cost was more and more of the jobs kept going to poorer countries to boost corporate profits. Our buying power was artificially inflated while our wages remained stagnant, resulting in actual prosperity slipping out of reach.
Combine this with decades of concerted attacks on education (so people don't understand that many advanced nations have tried this and suffered for it), and centuries of American exceptionalism narratives.
This is kinda unique among policies because most businesses don't want it, it won't help anyone, and it's the mandatory plank of right wing populism in America because the claimed left wing party is both centrist and accountable to reality. It's an emotional position and the American right wing is doing vibes based governance. It's also reminiscent of when in European fascism reactionary ideology became more important than actual practicality.
It's the opposite. Fascists would arm up, bomb China to death and enslave the remaining Chinese.
Retreating from Europe and Asia is the opposite.
Sometimes leaders are just idiots.
Exactly that is what is shown but it doesn't make sense. The billionaires wouldn't accept anything that doesn't make sense.
Why do you think they aren't at risk of ideological stupidity? The richest man in the world is a case study in how the internet can break your brain.
They are at risk of ideological stupidity. I just don't buy that they are that stupid that they could think that isolation could work.
For starters, how would they get the chip production from Taiwan?
In an alternative universe they plan on maintaining good relations with their allies to attack China to stay the hegemon. To do that they would need their allies to rearm for that war. But how could people be motivated to spend their taxes on many more weapons?
For me, there is only one universe.
You're thinking about consequences, they aren't
The billionaires do nothing but think about consequences for their capital. One or two can be careless, but not the majority.