They are trying to get greater control over the US economy / resources / society. Such an oligarchy is inefficient, so the US will get outcompeted by China. But that is a price they are willing to pay, as long as they benefit personally.
Put another way, the cake will become smaller, but they’ll get a bigger slice of it.
Sure, but as Americans how do they benefit from China rising to the top?
They are trying to get greater control over the US economy / resources / society. Such an oligarchy is inefficient, so the US will get outcompeted by China. But that is a price they are willing to pay, as long as they benefit personally.
Put another way, the cake will become smaller, but they’ll get a bigger slice of it.
From robber barons to robber despots. If they have enough, then they can be global as individuals, and to hell with everyone else.