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i agree but by default the US will lose. Now the powers that be may be content with keeping their industry in China collecting rents and ruling a poorer more unstable US. if they wish for greater wealth then they the US must attack. China on the other hand can sit back
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I dont think this is true either my guess is the hot war would be over very quickly without ex ante an easily predicted winner but the economic damage would be vast and lead to ongoing global instability and second order conflicts
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