The absolute best case scenario for everyone in the imperial core right now is that he basically accomplished nothing and everything returns to the prices it was before libation day.
It won’t. Because capital will never voluntarily reduce prices.
Also, now that Chinese companies are actively finding new customers, they have little reason to go back to trading with the US. Some trade will undoubtedly resume as empty economic niches are always filled, however it’s not going to go back to the same levels as before. That translates into less goods for US consumers going forward, and higher prices as demand chases reduced supply.
The absolute best case scenario for everyone in the imperial core right now is that he basically accomplished nothing and everything returns to the prices it was before libation day.
It won’t. Because capital will never voluntarily reduce prices.
Also, now that Chinese companies are actively finding new customers, they have little reason to go back to trading with the US. Some trade will undoubtedly resume as empty economic niches are always filled, however it’s not going to go back to the same levels as before. That translates into less goods for US consumers going forward, and higher prices as demand chases reduced supply.
Famously, a lack of bread and circuses has never affected an empire before.
The treatlerite in all of us poured one out that day.