Can U.S. Capitalists Really "Decouple" from China?
The Socialist Program with Brian Becker
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The Impact of the Chinese on the United States Economy
China is the second most important country lending money to the United States government in the world. The Chinese own, they are the owners of nearly a trillion dollars in the debt of the U.S. Government needs to be able to borrow money. If you really cut that off, yeah, Americans could have things to buy, but the price would be much higher and this is not where you want to go.
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