Oh yeah that has unquestionably been happening, but the idea that the US would be in a position where it would literally not have access to capital if china closed off its economy is not the case. It would have to retool massively to accommodate a change like that, but it 'could' do it. This is incomaprison to current third world counties that literally dont have the capacity to industrialize in an international economy.
Oh yeah that has unquestionably been happening, but the idea that the US would be in a position where it would literally not have access to capital if china closed off its economy is not the case. It would have to retool massively to accommodate a change like that, but it 'could' do it. This is incomaprison to current third world counties that literally dont have the capacity to industrialize in an international economy.
Correct.