Prior to 2014-2015, it was conventional wisdom that China and America would never go to war because China would dump dollar reserves, crash the dollar, and create hyperinflation in the US; after Trump's anti-China rhetoric became mainstream, people forgot this basic economic constraint and it is no longer discussed as a limiting factor on conflict.
factualpending
Speaker
Philip PilkingtonEvidence Quote
“everyone knew this and then as you say everyone knew like 10 years ago or 12 years ago that what you just said you know globalization...prices and wages have been held down...due to cheap Chinese goods”
Source
Everything You’re Told About The Global Economy Is Wrong | Aaron Bastani Meets Philip Pilkington— Novara MediaCreated: 8/12/2026, 6:15:49 PM
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