Poppycock. We can’t defeat China by not trading with them. It’s not even in our interests to do so. As for the rest of Asia, what do you have against them?
I’d say it’s very much in our interest not to let China take the mantle as the world’s top economy, wouldn’t you? If we were to say... default on our t-bonds (or monetize them into oblivion) and put up some barriers in the next 5 years or so, it could keep China at bay and keep us off the rocks for quite awhile.
As for the rest of Asia, it’s not so much that I have anything ‘against them’. It’s just a simple fact of life that the higher percentage of the world’s GDP we produce, the better able we are to defend our interests and our way of life.
Have you something against us staying #1 indefinitely?