schizoidman@lemm.ee to World News@lemmy.mlEnglish · 2 months agoAs trade war escalates, economists bet on China resiliencewww.reuters.comexternal-linkmessage-square17fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkAs trade war escalates, economists bet on China resiliencewww.reuters.comschizoidman@lemm.ee to World News@lemmy.mlEnglish · 2 months agomessage-square17fedilink
minus-squaredroplet6585@lemmy.mllinkfedilinkEnglisharrow-up0·2 months ago re-industrialize The US economy is too based on rent seeking for that to happen without a system disintegrating crash. That is, maybe some polity occupying the territories formerly known as the United States could do it. Which might be something motivating this “network state” bullshit.
minus-squareCowbee [he/they]@lemmy.mllinkfedilinkarrow-up0·2 months agoHence why I said it would need essentially a mega-FDR admin or Socialism to achieve, and the mega-FDR admin would merely be a delay of crashing.
The US economy is too based on rent seeking for that to happen without a system disintegrating crash.
That is, maybe some polity occupying the territories formerly known as the United States could do it.
Which might be something motivating this “network state” bullshit.
Hence why I said it would need essentially a mega-FDR admin or Socialism to achieve, and the mega-FDR admin would merely be a delay of crashing.