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Dan Wang x.com
I outline a bear case for China to @DouthatNYT: substantial numbers of the rich, the creative, and the desperate are eager to emigrate — the latter trekking across the southwestern US border. Whose great rejuvenation is this? And a scenario in which China wins: it doesn’t have to recreate American financial, cultural, and diplomatic power. If it succeeds narrowly at being a technological superpower, which it’s on track to do, it could militarily subdue the US while worsening America’s economic and political dysfunctions
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