Post
Topic
Board Economics
Re: Chimerica - can it actually decouple and go it separate ways?
by
Oceat
on 13/09/2020, 20:17:29 UTC
Donald Trump is aggressive to decouple from China rather than XI Jinping. But both of them want control over everything. That's why the world economy is upset right now. What Trump fails to understand that without China or Chinese electric support the overall cost of production will increase substantially. The real question is if Trump loses this year... Will this situation change?
Nope, that is not possible since the US have a law already restricting a person to be running twice as a president.
https://en.m.wikipedia.org/wiki/Twenty-second_Amendment_to_the_United_States_Constitution

Somehow I am hoping that after his term ends someone would do something to stop the decoupling since they will going to ruin the both of their economy if they consider the decoupling. Both countries needed each other for the sake of economy growth especially this time where there's a pandemic that causes a lot of damage not even in the economy but also to the people's health.