Exceptional analysis on the absorber-surplus economy distinction. The point about China's structural inability to absorb African manufactures due to 39.9% household consumption really cuts through alot of the partnership rhetoric. The five to seven year leverage window before substitution (LFP batteries, sodium-ion) is sobering and I haven't seen that timeline articulated this clearly elsewhere.
Exceptional analysis on the absorber-surplus economy distinction. The point about China's structural inability to absorb African manufactures due to 39.9% household consumption really cuts through alot of the partnership rhetoric. The five to seven year leverage window before substitution (LFP batteries, sodium-ion) is sobering and I haven't seen that timeline articulated this clearly elsewhere.
Thank you for this! Deeply appreciated.