Joe Biden has been obsessed with stoping China. But guess what? Those plans have now backfired and sent the US stock market into a panic. Today we look at a new report from the New York Federal Reserve which now admits the plan to stop China's rise has failed and the biggest losers are US tech companies. Just look at what happened to Intel and this is a preview of a future without trade with China.
Following US export controls, China has boosted domestic innovation and self-reliance.
Biden’s Plan to Stop China Just Backfired on the US Economy!
Re: Biden’s Plan to Stop China Just Backfired on the US Economy!
It can also be said that, Mike Hammer's plan to stop Eritrea has backfired on the Ethiopian economy that is experiencing currency devaluation, out of control inflation, shortage of foreign currency, enormous foreign debt, high rate of unemployment, ethnic conflicts on multiple fronts, increased forcible displacement, extreme hunger, biblical famines, etc..etc...