Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Currency War:
Short of a nuclear exchange, the greatest damage from any conflict with
China is likely to come in the economic realm. Massive and mutual
economic harm would indeed result from any significant Sino-U.S.
armed conflict, even if the two sides eschewed employment of economic
weapons. The two economies are linked with each other and with the
rest of the world in a manner unparalleled in history. This mutual
dependency can be an immensely powerful deterrent; in effect a form of
mutually assured economic destruction. At the moment the balance of
advantage rests with the United States, but even the winner in such a
contest will wish it had been avoided.