Xi has more appetite for economic pain than the US does because he won't face voters complaining about an expensive Christmas, which is the decisive factor (more than the menu of available tools) in why the US lacks economic escalation dominance over China.
causalpending
Speaker
JohnEvidence Quote
“it's not just a question of what tools do you have, but like what appetite do you have for pain, right? And I think that's the really hard part”
Created: 6/18/2026, 1:57:49 PM
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