In a hundred years time will China offshore its manufacturing to poorer countries? Not if it has any sense. Today Trump's great retreat from the tariff war began in earnest as some cold economic realities have begun to bite, but what is the historical long view here? This episode explores how offshoring and America's weakening dollar supremacy, combined with the ownership of nearly $2 trillion of debt by China and Japan place America in an economic position it has never experienced in its nearly 250 year existence. The Chinese Century arrived and it started this year.

I only ever talk about history on this podcast but I also have another life, yes, that of aspirant fantasy author and if that's your thing you can get a copy of my debut novel The Blood of Tharta, right here:

If you enjoy the Explaining History podcast and its many years of content and would like to help the show continue, please consider supporting it in the following ways:

If you want to go ad-free, you can take out a membership here

Or

You can support the podcast via Patreon here

Or you can just say some nice things about it here

Become a member at https://plus.acast.com/s/explaininghistory.

Hosted on Acast. See acast.com/privacy for more information.