>in the real world are more expensive: health care, housing, cars.

Think of it another way. It's not that these things are more expensive. It's that the average US worker simply doesn't provide anything of value. China provides the things of value now. How the government corrected for this was to flood the economy with cash. So it looks like things got more expensive, when really it's that wages reduced to match reality. US citizens selling each other lattes back and forth, producing nothing of actual value. US companies bleeding people dry with fees. The final straw was an old man uniting the world against the USA instead of against China.

If you want to know where this is going, look at Britain: the previous world super power. Britain governed far more of the earth than the USA ever did, and now look at it. Now the only thing it produces is ASBOs. I suppose it also sells weapons to dictators and provides banking to them. That is the USA's future.

Yep. My grandma bought her house in ~1962 for $20k working at a factory making $2/hr. Her mortgage was $100/m; about 1 weeks worth of pay. $2/hr then is the equivalent of ~$21/hr today.

If you were to buy that same house today, your mortgage would be about $5100/m-- about 6 weeks of pay.

And the reason is exactly what you're saying: the average US worker doesn't provide as much value anymore. Just as her factory job got optimized/automated, AI is going to do the same for many. Tech workers were expensive for a while and now they're not. The problem is that there seems to be less and less opportunity where one can bring value. The only true winners are the factory owners and AI providers in this scenario. The only chance anybody has right now is to cut the middleman out, start their own business, and pray it takes off.

But the us is China's market, so the ccp goes along even though they are the producer. Because a domestic consumer economy would mean sharing the profits of that manufacturing with the workers. But that would create a middle class not dependent on the party leading (at least in their minds, and perhaps not wrongly) to instability. It is a dance of two, and neither can afford to let go. And neither can keep dancing any longer. I think it will be very bad everywhere.