If China falls they fall back to fundamental revolutionary communism, and then they execute all their imperial capitalist running dogs who won't do farming.
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At the end of the day. Will the lucky few have roasted possum and cattail roots around a campfire for dinner in both places? Does it play out the same?
If you could pass for American or Chinese, which collapse would be better to live in?
Culturally I say the Chinese have a better chance of getting their shit together. China has less of the cult of me.