Maybe I'm conflating. I could be dead wrong about all this. But I'm trying to zoom out and look at the big picture. So, I'm letting the details sort of blend away and I'm just asking myself: "Is such a large financial sink in our economy, at the macro level, really going to offer the value that the investment warrants?". So, the particulars of who exactly is spending what where I guess doesn't concern me as much. What I'm thinking about is American companies, American people, American dollars going to something that seems like an iffy value proposition.
Now, if you tell me American businesses are turning cheap Chinese tokens into goods and services of high value, for Americans and people all over the world, then obviously I would have a different outlook on what's happening here.
Now, if you tell me American businesses are turning cheap Chinese tokens into goods and services of high value, for Americans and people all over the world, then obviously I would have a different outlook on what's happening here.