by Summary:
Decoupling the US economy from China sounds like a good idea to Americans who blame the Asian giant for the massive loss of US factory jobs during the past 20 years.The trouble is that the US imports most of its capital goods, so it would have to import more capital goods for years—including from China—in order to reduce its dependence on China in the long term....Caught between a rock and a hard place. Psst. Systems awareness.Asia TimesUS can’t decouple from China without China’s helpDavid P. Goldman
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Decoupling the US economy from China sounds like a good idea to Americans who blame the Asian giant for the massive loss of US factory jobs during the past 20 years.The trouble is that the US imports most of its capital goods, so it would have to import more capital goods for years—including from China—in order to reduce its dependence on China in the long term....Caught between a rock and a hard place. Psst. Systems awareness.Asia TimesUS can’t decouple from China without China’s helpDavid P. Goldman
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
New Economics Foundation writes Is the Labour government delivering on its promises?
John Quiggin writes Dispensing with the US-centric financial system
New Economics Foundation writes Whose growth is it anyway?
Matias Vernengo writes What is heterodox economics?
Decoupling the US economy from China sounds like a good idea to Americans who blame the Asian giant for the massive loss of US factory jobs during the past 20 years.The trouble is that the US imports most of its capital goods, so it would have to import more capital goods for years—including from China—in order to reduce its dependence on China in the long term....
Caught between a rock and a hard place.
Psst. Systems awareness.
Asia TimesUS can’t decouple from China without China’s help
David P. Goldman