We are talking about the USA and its gradual economic demise vis-a-vis China
-China passed the USA in 2015 in GDP (PPP)
-China leads world trade
-China leads world manufacturing
-China leads world in Foreign Reserves
-China is forecast to pass the USA in GDP (Nominal) by 2028-30
Historically when a leading world power has been challenged by a rising power
(Thucydides Trap) in 12 out of the past 16 cases it has resulted in War (Graham Allison... "Destined For War)
Many keen global observers regard the West's economic sanctions on Russia as the "curtain raiser"
for the Big One: ie: Economic sanctions by the USA on China (some have already started)
So, IMO, economic sanctions on China before 2028 is more likely than not because:
-The USA cant compete industrially with China as evidenced by the rapid closing of the US GDP gap by China
-Historically countries that led the world in industry, global trade & GDP have led the world militarily
-If the USA does not stem China's economic growth, then the USA will loose its No 1 Global status.
This is why Aus has to have "Plan B" as opposed to the current "All the way with the USA"
because in the event of an all out economic war (prelude to real war) between the USA & China
we'll be "collateral damage"unless we wean ourselves off China economic dependance quickly.
The US economy has been seriously weakened by Debt which means its current $1 Trillion
US Military/Military Intelligence budget is financed annually via the US Budget Deficit and
to anyone with a modicum of economic knowledge, that's not sustainable.
(The USSR economically collapsed due to its quest to sustain its "arms race")
https://www.usdebtclock.org
