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The ironic thing is that a big part of what Made America Great in the first place was military protection of trading partners. Withdraw that protection and the
by vacri 9y ago
The ironic thing is that a big part of what Made America Great in the first place was military protection of trading partners. Withdraw that protection and the trading partners now have less reason to give sweetheart trade deals.
- ajross 9y agoThe same point can even be made more cynical and still work: America's military dominance of its trading sphere led to a uniform perception of stability and thus to an environment where we could borrow essentially free money from the rest of the world. Take that stability away and the world desire for treasury bonds dries up, and suddenly it becomes harder to finance that huge military in the first place. Basically, Trump is kicking over the house of cards as we watch.