“The Chinese don’t care if they lose half or all their dollars.”
Why do you think so? You seem to suggest Chinese enjoy being our slaves.
I can’t fathom your logic that it is in China’s interest that we self-destruct. It is also amusing to think that what Soviet Union couldn’t achieve in 50 years using nuclear weapons can be achieved (by China, if we believe your theory) in shorter time by dumping cheap goods.
BTW, Japanese, Europeans etc., are all building factories there. So it is not just US. To extend your logic, Japan, Europe would also self-destruct by importing cheaper goods.
Europe produces excellent aircraft; Russia produces OK aircraft. Brazil & Canada make good smaller aircraft. We don’t have a huge monopoly in aerospace.
I guess I can’t connect the dots and see any pattern. If OPEC didn’t kill us in ’70s, Soviets didn’t blow us up during Cold War, I have problem believing Wal-mart will do us in.