logoalt Hacker News

llamaimperative11/20/20241 replyview on HN

The world will be looking to China as a stable partner while the US voluntarily dismantles its economy and very possibly its political system.

So yeah, the US absolutely got outplayed here.


Replies

throwawaymaths11/20/2024

The us is currently one of the most stable economies, so there's a long way to go.

I think it's unlikely that the world will pick an economic partner that:

- builds 90% of the new coal fired plants while the rest of the world (including the US) is decarbonizing

- has 280+% debt to GDP ratio

- has capital controls on its currency (the real exchange rate could change suddenly at the drop of a hat)

show 2 replies