The Dark Deal’s collapse will hurt American rentiers and Chinese capitalists alike

Evidence

If Chinese surplus value no longer migrates at the same rate to the United States, America’s rentiers will be in trouble. Their misfortune will then ricochet back to hurt Chinese capitalists who are so very dependent on America’s net imports which are, in turn, maintained by dollar-denominated rents. As for American cloudalists, they can’t know what to expect: while they gain relative power over capitalists, and the rest of American society, the effect of the Dark Deal’s demise on their bottom line is the great unknowable. — Yanis Varoufakis, Technofeudalism, 641

Categorization

• XREF: Pays off the Dark Deal mechanism from earlier chapters — the symbiotic US-China surplus recycling arrangement now fragmenting into two cloud fiefs. — connects to: The US-China Dark Deal traded market access for investment in American FIRE — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 566
• corroborated: 2 independent passages support this claim — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 641