rich1.0buckyfonds wrotebuckyfonds (npub1x9…p6rta)https://yabu.me/npub1x9hghmfunry8wcgg8s8w5e3drmkndw92r8qu0cp2l28u32aqqn9q6p6rtanjumphttps://yabu.meYes. China and America (aka Chimerica) love each other.
Controllers' lens after the 90s:
US wants:
- cheap imports,
- suppressed goods inflation,
- someone to buy endless Treasuries,
- geopolitical leverage over industrial chains.
China wants:
- export-led growth,
- technology & capital inflows,
- time to build domestic capacity and surveillance apparatus,
- a way to turn sweat + coal into reserves and gold.
So the deal (often framed as "globalization" in official language) is:
- US prints high-quality paper (USTs, Agencies, USD bank liabilities).
- China prints low-wage labor, exports, and real goods.
- China recycles the USD surplus back into US paper.
= ❤️