this post was submitted on 23 Apr 2025
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chapotraphouse

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[–] Fingernail2@hexbear.net 3 points 1 hour ago

But at what cost?

[–] orcrist@lemm.ee 22 points 18 hours ago (1 children)

I love how the grand statement is made, but the conclusion was already true. In reality the Chinese government was ready for the tariffs, and they didn't panic, and that's true for most countries around the world.

Why didn't they panic? Because the US era of global economic dominance has ended. Other countries working together are more than capable of sustaining a stable global economy. They all know it. Everyone knows it except for some small percent of the American public who wants to hold on to American exceptionalism as long as possible.

And this is a good thing. It should not be the case for the globe that the US controls everything. It's just a bad idea in general, and it's certainly a bad idea under Trump.

[–] ColombianLenin@hexbear.net 13 points 16 hours ago (1 children)

I unironically believe a large majority of the US population is still high on American Exceptionalism.

[–] boboblaw@hexbear.net 6 points 5 hours ago

Yeah, IMO most otherwise-intelligent anti-Trump Americans still don't believe China can eclipse the US.

[–] invo_rt@hexbear.net 44 points 22 hours ago* (last edited 22 hours ago) (3 children)

USians had a choice for a managed decline back in 2016, but elected the way of pain. Real Century of Humiliation hours.

harold-manic

[–] Leegh@hexbear.net 8 points 14 hours ago (1 children)

biden-rember I gave you the choice of declining willingly Jack

But you have elected the way of PAIN! biden-harbinger

[–] simontherockjohnson@lemmy.ml 3 points 3 hours ago* (last edited 3 hours ago)

Biden was part of this. Trump's plan is a rootless generalization of what Biden had tried. But instead of "high tech manufacturing", "national security", and "sanctions", Trump's trade war is based in "manufacturing", "making America great", and "tariffs". This is just CHIPS without the subsidies and a more unrealistic plan that isn't backed by NatSec blob. CHIPS has been an absolute failure too. It's simply mystified by the technocratic ghouls of the DNC where if you question them you're "too stupid to get it".

Biden literally put all his chips in the Intel basket. Intel the company who had been riding on financialization and market dominance for so long its bean counters forced it to sleep walk into a complete production failure -- then it was revealed that the same bean counters had painted it into a corner by cutting R&D. They have no answers to the architectural problems in their chipsets.

[–] LaughingLion@hexbear.net 17 points 19 hours ago

USians

Uh, it's USAholes

[–] TrustedFeline@hexbear.net 15 points 19 hours ago (1 children)

We're entering the century of find out

[–] StalinIsMaiWaifu@lemmygrad.ml 3 points 8 hours ago

Born too late to fuck around Born just in time to find out

[–] edge@hexbear.net 98 points 1 day ago (1 children)

lmao at this reply

He didn’t say he will fold. And he won’t.

However if no negotiation happens, the US will unilaterally take a decision based on their self-interest.

"Trump won't fold, he'll just *describes folding*."

[–] cricbuzz@hexbear.net 77 points 1 day ago

It's the dril "I'm not owned" meme

[–] QuillcrestFalconer@hexbear.net 62 points 23 hours ago (2 children)

If I was China I would push hard. Like say you'll only resume rare earth exports if the US lifts semiconductor and litography embargos

[–] ColombianLenin@hexbear.net 19 points 21 hours ago (1 children)

While based, this would accelerate a hot war

[–] Tabitha@hexbear.net 20 points 20 hours ago (2 children)

tbh it's possible a hot war would be 2 months of China's Red Banner-9s fending off stealth bombers then 10 months of United States ran out of Tungsten.

[–] machiabelly@hexbear.net 28 points 20 hours ago (2 children)

From a game theory perspective, I think a war, even a seemingly winnable one, isn't in their best interests. They know they are going to win long term, so taking short term risks to expedite change is unnecessary. Hot wars are always more complex than they seem and always have unintended consequences. For instance, it could interrupt China's trade with other NATO countries and their vassals. The US might miraculously find deposits of rare earth metals and then the war could get very long and very bloody.

[–] simontherockjohnson@lemmy.ml 4 points 3 hours ago* (last edited 3 hours ago)

The US might miraculously find deposits of rare earth metals and then the war could get very long and very bloody.

If there was a realistic enormous certified deposit of every single rare earth mineral in the most Goldilocks location and the deck was stacked for this deus ex machina miracle, it wouldn't matter.

In mining a deposit of minerals is a concentration of minerals. Think Minecraft, in a 9x9x9 cube the vein takes up an 8x8x9 space and runs into the next 9x9x9 cube. That's what mining companies look for.

Rare earths are called rare earths not because there are few deposits, it's because they're more uniformly distributed in low quantities in mineral deposits. Again think Minecraft, but for every 9x9x9 cube there is a single block of antimony.

Rare earths cannot create mining economies of scale. The reason China has the most rare earth production is because they "use every part of the Buffallo" more than other country's mining companies do. Rare earths are usually not refined from minerals that contain them in America because the labor to do so is too expensive. America's access to rare earths has always been an economic question of cheap labor, not a question of locating the resources.

[–] darkcalling@hexbear.net 14 points 19 hours ago

The US might miraculously find deposits of rare earth metals

Reminder that rare earths are not actually rare, it's just that China has 85% of world refining capacity for them as it takes some doing. In a full on war footing, pull out all the brakes type situation the US could absolutely spin up some not as efficient, very dangerous for workers, expensive, but workable emergency capacity, it wouldn't put them on par with China but it would be enough to continue a war with selective strikes (instead of constant, high intensity bombardments hourly for weeks on end) and after that point the US would almost certainly continue to build up that capacity and make it a point to attempt to wean the rest of the world off Chinese rare earths.

It would also result in all kinds of other unforeseen consequences. For example the US may have the capacity to hack and physically damage or destroy Chinese electrical or other infrastructure but obviously isn't going to do that right now. But if a hot war unfolds and especially one where the US isn't winning they might break out those offensive state malware toolboxes and start wreaking incredible havoc within China that could cost a lot of money, take a lot of lives and result in a lot of chaos, uncertainty and problems that would take quite some time to sort out. The more electronically connected and "smart" everything is as in China the easier it is to fuck up everything, ironically the US by not being as "advanced" as China in adopting network connectivity to various things is a harder target in this regard. China is well aware of this risk, the US basically compromised everything in China with their shipments of NSA hardware back-door chipped Cisco routers and devices which Snowden revealed and though it's been more than a decade since they became aware I have to assume they're still inside many systems lurking and waiting.

[–] ElChapoDeChapo@hexbear.net 18 points 20 hours ago (1 children)

Yeah but the real question is if China has any defense against nukes because unfortunately the west is ran by madmen who are no longer deterred by mutually assured destruction

[–] Tabitha@hexbear.net 1 points 3 hours ago

They have the ability to stop incoming ICBMs, I can't guess if the success rate is 10% or 90%, but it's there.

[–] yogthos@lemmygrad.ml 28 points 23 hours ago

It makes sense to do so given that the US is already backing down.

[–] frogbellyratbone_@hexbear.net 37 points 22 hours ago* (last edited 22 hours ago) (1 children)

from am prospect today:

"Trump chickened out" was the top trending topic on China’s Weibo social media website on Wednesday, with more than 150 million views.

[–] Tabitha@hexbear.net 25 points 21 hours ago (1 children)

and he chickened out FAST, too.

[–] BodyBySisyphus@hexbear.net 19 points 19 hours ago

Except now he's unchickening out, probably after seeing the news that people think he chickened out. Infinite free energy will come to America the minute someone hooks up a dynamo to his oscillating positions.

[–] LGOrcStreetSamurai@hexbear.net 62 points 1 day ago* (last edited 1 day ago) (4 children)

The potential greatest fumble of human history. You thought it would be Sleepy Joe holding the bag but it’s ol’ Donny Deals bringing about end of America Dominance

[–] yogthos@lemmygrad.ml 46 points 1 day ago (1 children)

a dynamic duo tearing down the dread empire

“Dread Empire” sounds cool and reminds us yes America bad. I dig it.

[–] Damarcusart@hexbear.net 7 points 17 hours ago

You can really see why the dems were so determined to lose the last election, like, even moreso than usual.

[–] mendiCAN@hexbear.net 11 points 20 hours ago* (last edited 20 hours ago)

on the phone with his accountant

trump-kubrick-stare "what do you mean there's no box on the bankruptcy form for 'country'?"

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[–] PKMKII@hexbear.net 97 points 1 day ago (2 children)

But China didn't get intimidated and responded in kind, and 21 days after not a single country - not one - made a "deal" with the US against China, or even signaled their intention to do so.

Besides the U.S. economy not being as hegemonic as burgerites imagine it to be, it makes sense that countries would side with the country that’s consistently built mutual growth across the globe rather than the unstable bully. The latter is much more likely to turn on you.

[–] yogthos@lemmygrad.ml 49 points 1 day ago

Indeed, the unhinged policy that US pursues makes it pretty clear whom to side with here. Even if countries have differences with China, they can rely on China to act in a rational way which makes the relationship predictable. Meanwhile, the US often runs policy that's counter to its own interests.

[–] Damarcusart@hexbear.net 6 points 17 hours ago

I'm surprised that the EU and places like Canada and Australia didn't "take the deal" here. I'm very surprised to see our ruling class here actually put our country ahead of America for a change. Alas we have an election in a month so if the libs get in they'll just do whatever America asks.

[–] D61@hexbear.net 78 points 1 day ago (1 children)
[–] bloubz@lemmygrad.ml 42 points 1 day ago* (last edited 1 day ago) (1 children)

I'm out of touch with hexbearian stickers

Is paper tiger a reference to Trump or the US? I may not understand this haha

[–] Babs@hexbear.net 76 points 1 day ago (1 children)

Yeah, Mao famously referred to America as a paper tiger.

In appearance it is very powerful but in reality it is nothing to be afraid of; it is a paper tiger. Outwardly a tiger, it is made of paper, unable to withstand the wind and the rain. I believe that it is nothing but a paper tiger

[–] bloubz@lemmygrad.ml 8 points 18 hours ago

Thank you so much!

[–] KnilAdlez@hexbear.net 66 points 1 day ago (1 children)

Ol Trumpster is 0 for 2 on trade wars against China, and now China has more allies if he tries a hot war.

[–] yogthos@lemmygrad.ml 48 points 1 day ago (2 children)
[–] SexUnderSocialism@hexbear.net 51 points 1 day ago (2 children)

The d in 4d doesn't stand for dimensional but for delusional.

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[–] Xiisadaddy@lemmygrad.ml 39 points 23 hours ago (2 children)

I think we will soon see the largest sign of the shift take place as America becomes more anti immigrant and China opens up to it, and the brain drain shifts. Worldwide the best and brightest will all want to go to China and nobody will want to go to America. We are already seeing Chinese professionals fleeing America back to China. America relies heavily on imported skilled workers and without them its technology development will stagnate even more than it already has.

[–] Cimbazarov@hexbear.net 24 points 22 hours ago (2 children)

Would China really open up to more immigration? I was looking it up and for my job field they def don't need my type.

I feel that immigration in the west is only permitted as much as it is because of how it serves capitalism - having an underclass of workers without the same rights as citizens so they can be exploited.

[–] Lemister@hexbear.net 13 points 19 hours ago (1 children)

None of the socialist state ever had mass migration style politics like the west does. China doesnt want it nor does a socialist economy require it.

[–] jack@hexbear.net 1 points 2 hours ago

Yeah, and the US is the biggest outlier by far. Almost 50 million people in this country were born elsewhere. Expecting China to take that on seems unrealistic. However, it would be in China's interest to take on some of that to hold off their declining population issue.

[–] Xiisadaddy@lemmygrad.ml 13 points 20 hours ago (1 children)

For highly skilled workers they need yeah. I wasn't talking about letting just anyone in. But they have been expanding their opening up in various areas. Recently they made part of shanghai visa free entry for anyone invited by a local business for example.

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[–] driving_crooner@lemmy.eco.br 56 points 1 day ago (2 children)
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[–] GrouchyGrouse@hexbear.net 29 points 23 hours ago (1 children)

China was just gifted a giant opportunity to to speed up the collapse of dollar hegemony.

And because Trump caused it by being an unlikable belligerent oaf nobody will blame them for pursuing it.

[–] yogthos@lemmygrad.ml 37 points 22 hours ago (1 children)

Amusingly, China is now concerned that the US is collapsing faster than they anticipated, and China will have to ramp up capacity to fill in the gap in global markets https://www.youtube.com/watch?v=qzbadVk6M9M

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[–] BeamBrain@hexbear.net 49 points 1 day ago

sicko-yes Suez Crisis! Suez Crisis!

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