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The Dig: Crashed with Adam Tooze

Jacobin Radio

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Economic Tensions: US-China Relations and Crisis Management

This chapter examines the complex economic relationship between the United States and China, particularly through the lens of China's treasury purchases and trade deficits. It critiques the misconceptions surrounding the 2008 financial crisis and the political implications of economic policies implemented during the Bush and Obama administrations. The discussion underscores the critical need for political frameworks to address the interplay between economic decisions and national security.

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