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232 - China Syndrome 11.18.22

Grill Stream

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Consumer Fascism - The Only Way to Stay in Power

The key insight into this crisis stuff is that they cannot internally change because the people who stand it up, structure it to keep their elite status perpetual. They can't see the necessity. They see it through an ideological buffer that just makes them double down on what they're doing. So yeah, that's the big chapter in terms of his argument is saying the US and the Chinese economies are totally interdependent at the level where neither side can independently reorient their economies.

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