this post was submitted on 23 Apr 2026
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[–] Bloomcole@lemmy.world 7 points 2 weeks ago (1 children)

It is indeed not the current administration that led to this.
It certainly won't help but that is not the cause, neither is the 2008 one.
China has been advancing in plenty fields for a few decades now.
They have already caught up or surpassed others in plenty fields.
Americans are clinging to their USA nr 1 mantra, but that's delusional.
They refuse to accept to the fact they already have been beaten and there is nothing they can do about it.
Despite banning and sanctions China has a massive lead in nearly all crucial tech fields.
The gap will only become bigger.

[–] Gathorall@lemmy.world 4 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

The funniest thing is that all the while China is the largest creditor of USA by far, and USA has had foreign investment pouring in overall all those decades.

USA had the money not just to maintain but rapidly advance, and a head start. To bite the dust in this situation is some serious incompetence.

[–] Bloomcole@lemmy.world -1 points 2 weeks ago

It wouldn't be this bad but they would've lost either way.
China has 4x the population.
They can spend more money from their healthy economy while the US is declining.