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232 - China Syndrome 11.18.22

Grill Stream

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China and the United States Have a Symbiotic Relationship

In some ways, China empowers developing nations by being able to sort of negotiate on their behalf in things like the WTO and the IMF. But also, it contributes through its purchase of US bonds by American military hegemony that enforces raw export models which undermine robustness of local industrial economies. The more it pays somewhere, the more unstable the relationship there to the center becomes and then you get full destabilization.

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