Technological complexities should be compared individual sector-wise(for example, semiconductor fab or CNC) so that we can reasonable discuss whether overall technical superiority exists and whether it is significant and whether being less complex overall is good, but I can see how a "complexity" metric is worthy talking about since as technologies get better, it necessarily gets more complex. However, I don't know what financial complexity actually implies for a society. For example, a CDO is highly complex and perhaps highly profitable for someone. But is it actually any good for the society at large?
Ireland, Bermuda and Cayman Islands also have higher Gdppc than the US, although I doubt Ireland is more developed than the US. Cayman Island maybe, but not Ireland
The USA is indeed notionally a party to the war. One could even argue it is also a party to the war in practice
The financial complexity argument is necessarily related to the technological complexity. As firms get more complex so to, do their financing needs and their investor risk preferences. Being able to create financial instruments that mediate between the two is necessary to sustain corporate growth. Case in point - Baidu, Alibaba, and Tencent - the most successful Chinese software publishers, all grew up on American VC. That is not a coincidence, US equity Capital allowed for meeting the unique needs of equity software investors that couldn’t be matched with common equity or bonds
This is all diarrhea. Huawei doesn't need such a thing, and regardless of what you think is needed, Chinese tech outgrows American tech. That's the big picture.
Your whole punchline, "enduring productivity advantages vis-a-vis China" just means old shit that's not completely broke yet though China's wearing it thinner by the hour.
That feel when someone is in big trouble with the teacher and you had nothing to do with it
