BlackRock's Larry Fink urges trillions in AI investment to keep US ahead, citing national security risks if China advances. His proposal to use retirement savings sparks social media uproar.
One of the ways the Soviets lost the cold war was that the USSR was just straight up a smaller country than the US. The US just had more resources to throw at whatever dick measuring contest they decided to engage in.
With the new cold war with China that shoe is on the other foot.
Oh boy, when dedolarization comes, it’s going to hit the US like a wall of radioactive bricks.
One of the ways the Soviets lost the cold war was that the USSR was just straight up a smaller country than the US. The US just had more resources to throw at whatever dick measuring contest they decided to engage in.
With the new cold war with China that shoe is on the other foot.
Its already here more or less