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All true, but I'd point out that these are the reasons why the US is currently on top. For the most part, it's where the US is coming from, not necessarily where it's headed. For many of those, the US is headed away from them. Like for (2), selective scrutiny of business dealings and of regulatory observance for being on the wrong side of politics is increasingly visible in the US; I don't know if it's more or less the case than before, but it's certainly more high profile. Musk might not be facing jail right now, but there's a large group of people, in some states a majority, who would electorally reward public officials for finding any reason to go after him. There's a large (and growing) group of people who believe Musk (or anyone) should not have been able to make that much money in the first place and that such wealth can only have come from some illegitimate or immoral acts, and while these people are not in power right now (because the elites don't believe it, they just use it for electoral purposes), it could only take one populist rising at the wrong time to ruin the idea that the US is a safe place to do business in.
None of this matters if the Chinese roll the dice too early. There is a real problem with hypernationalism that saying "hold on, if you go for Taiwan now we wind up with our cities burning" tends to close doors and as such people avoid saying it even when it's true. I suspect they're actively planning a contingency for if the 2024 US election is enough of a shitshow, despite how terrible an idea this would be.
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