Both the US and China are running fiscal imbalances as far as the eye can see with ever-diminishing effect: this severely crimps China's economic growth to probably 2-3% in real terms last year and probably less this year, and does not yet seem to be exerting much gravitational pull on the United States.
causalpending
Speaker
Jim BakerEvidence Quote
“The one thing both states seem very eager to do is to uh run fiscal imbalances. uh as far as the eye can see to ever diminishing effect and that is severely crimping China's economic growth probably 2 to 3% in real terms last year probably less than that this year and doesn't really yet seem to exerted much gravitational pull on the United States”
Created: 8/11/2026, 6:26:02 AM
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