Eyck Freymann

And that is the contingency planning that we should be doing.

Now, you're not going to have like a perfect plan, you know, in a desk and you take it out of the envelope, but you can agree on principles.

The basic ideas of like how that system should be organized.

Those are the conversations we should be having now to imagine that the world after wouldn't necessarily just be economic mutually assured destruction.

There's another way through.

Kind of.

But this situation is different from the Cold War in some fundamental ways.

And the biggest one is...

is that we're all economically interconnected.

Exactly.

And what's different about the world now is that not only are we and the US and China deeply economically interconnected, but even if you imagine a world where we get divorced,

or we just like pretend to get divorced, we're still gonna be trading with each other via Mexico and Europe and India and everyone else.

So there's no universe in which you bifurcate the world.

And it's just like China on the one side and us and everyone on the other.

It's gonna be a trifurcated world.

where like if deterrence collapses and we have to reset the economic relationship, we're gonna be trading some with them.

Maybe we'll still buy their Nikes, but we won't buy their iPhones or something.

And then there's a whole lot of countries in between the trade with both sides.

And we don't want those countries to sell our Nvidia chips to China.

And we don't want those countries to sell components that China can sabotage or remotely access or something into us.