Something tells me that both China and Russia know all this and yet, the US administration is completely blind to it or are naively playing into their hands.
I have a hard time telling this alleged incompetence apart from actual malice.
There are those in the States who want to devalue the dollar as a pathway to greater industrialization and domestic productive capacity. The idea is to make the US labor force competitive with the rest of the world.
Problem is, reigning in wages for labor after decades of encouraging rampant consumerism and being in the middle of a cost-of-living crisis especially for housing seems like a political earthquake in the making.
Like many of Trump's ideas, maybe they could work if carefully managed over a long period of time so as to give the economy time to readjust but these are not careful managers and patience is not their virtue.
Some say it's quite deliberate.
Hehe silly stupid Trump and all his cronies being so naive and silly ! Do we already forgive him?
He. Was. Literally. Spewing. Russian. Propaganda. From. The. Whitehouse. When. Zelenskyy. Visited.
Naively? They are actively acting in bad faith to destroy the US from within