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2024-05-16 19:54:13

jimchoumobile on Nostr: The cost of living “crisis” is real. This is driven by the US trying to maintain ...

The cost of living “crisis” is real. This is driven by the US trying to maintain hegemony and deglobalizing - in part out of fear of China. Why don’t we (the US) instead try to de-escalate by asking to make reciprocal concessions with China on our military competition and begin re-allowing China to be our workshop. Good jobs for US workers should come from innovation and tackling monopoly power - more businesses competing means both lower prices but also more jobs. A multipolar world is inevitable. Bankrupting ourselves, impoverishing our people, or getting into WW3 is not worth a few more years of hegemony. #economy #peace #inflation #china
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