alt Hacker NewsI think this is a bit too deterministic. Even if Europe is in a weak position economically, "the US does not need the rest of the world" seems overstated
I think this is a bit too deterministic. Even if Europe is in a weak position economically, "the US does not need the rest of the world" seems overstated
I would even argue that the USA is imploding without China.
The normal USA citicen can't afford a car anymore. Either they make it a lot cheaper over there or they have to continue pressue the USA Citicents to accept that they are not allowed to buy cheap China products.
It will be quitei nteresting to see if we will see a global rebalancing of manufactoring and co around the globe for USA, Europe and China or a overall change in system from pure capitalism to something else.
Or the big players start to reinvest into countries again to have customers who can actually afford it again.