We in the West (the US is not really deeply in the West though) will pay an enormous price for not having kept industrial growth mainly within the West, to the extent possible, and for as long as possible.
For me, still one of the best, though very late in the game, treatments, of how this process rolled out with respect to US Japan trade history, was Trading Places.
Development has created enormous civilizational rivals, and a race to the bottom of available resources amid uncontrollable population growth. Population growth itself is a great militarizer.
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