America cannot avoid disengagement with China

Two economic experts said that the United States endured the burden of global consumption for a long time, and as the largest importer in the world, the global monetary reserve source and the last resort market, America expanded the global capital surplus for generations, strengthening the global growth rate and helped to recover 700 million Chinese of poverty and incurred astronomical debts.

According to the Administrative Director of Investments at AI Inniafser Partners, Dimon Beetler, and head of the Economic and Financial Force Center at the Defense Defense Defense Corporation, Eileen Desinsky, the tariff war carried out by the US President’s administration, Donald Trump, aims to awaken Americans from decades of leadership in the Economic Automated Automated Airways system.

The experts confirmed in a report published by the American “National Interest” magazine, that America could not avoid disengagement with China, explaining that while the Americans were covering sleep, China has publicly organized a systematic reduction in the exchange rate for decades, to finance an invascular and unborn military industrial prosperity, and it is time to face this manipulation.

They added that China’s dependence on such tactics violated global trade and capital balances at the expense of Chinese families, but for Americans, heavy capital flows from the value of assets for the wealthy, while imposed financial pressure on ordinary workers, who struggle to keep pace with the high costs of living, and the national economic security of Americans has become in danger Free market economies with a real possibility of stagnation and fading.

The experts said, “The moment of the global economic confrontation, especially between Washington and Beijing, has come and not in an early moment despite the extreme caution over the issue of risk reducing, and we are now facing the inevitable reality, as we must break the link with China.

He mentioned that there is no doubt that it will not be a comfortable journey, and to face the moment, the United States faces the problem of balance between manufacturing and financial braking (i.e. keeping the interest rate low artificially).

The experts indicated that the dominance of the dollar is the highest valuable weapon, as there is no other country that provides the attractiveness of prosperity and free access to capital markets, and despite this, the story of the domination of the dollar is an imperial arrogance that led to the current economic restrictions that the United States suffers, according to the two experts.

In the 1970s, the Nixon administration created its new economic policy and established diplomatic relations with China, and in the following decades, low -cost Chinese production in exchange for American manufacturing productivity, and at the fading of the Cold War, global trade grew, as the US dollar trading and demand grew.

Before the 1970s, the world continued to work under the “Bretton Woods” agreement, which linked the fixed interest rate of countries to full confidence and credit of the dollar, when the value of the ounce of gold was 35 dollars, and despite the opposite of the “Bretton Woods” agreement, no group of countries met to agree on the American support system for consumption paid in the deficit that arose in its aftermath.

Petler and Disenksky stated that, moreover, no group of countries have ever agreed to reduce the tactical and sabotage of China to the value of its currency, which violates trade balances and capital account, which led to the huge trade balance witnessed by the world today.

It is noteworthy that American importers are witnessing a sharp rise in cost, as a result of the cancellation of marine shipping trips from China, with the effect of the customs duties imposed by the Trump administration on Beijing.