3min chapter

"World of DaaS" cover image

Jacob Helberg: The New Cold War

"World of DaaS"

CHAPTER

China Owns One Trillion Dollars of Us Debt

Cina owns, i think, about one trillion dollars of us dead. Some peoplell say this gives china leverage over the us. But other people say it actually give us leverage over china. These are fairly uncharted waters, so it's a little bit hard to predict what might happen. China has gone through many different permutations. It has always been and will always be un important power. The story has yet to be about whether or not it becomes the hegemonic power. You're seei those limits by how more repressive and more distopian the regime is becoming at home. We wouldn't be having the vast majority of the issue s with china that we have

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