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Jesus NPR has been really heaping on the neoliberal propaganda in the last couple of weeks. Look we’ve already been in a trade war for 10 years. Except it hasn
by Bucephalus355 8y ago
Jesus NPR has been really heaping on the neoliberal propaganda in the last couple of weeks.
Look we’ve already been in a trade war for 10 years. Except it hasn’t been tariffs, it’s been currency depreciation which in turn helps exports. The thing is though, just like tariffs, it doesn’t work when everyone does it...
One thing that will work though with tariffs is stopping the flow of global capital. Global capital flows so fast between so many countries, it destroys the notion of sovereignty. It makes the law, even for tough-as-nails EU regulators, really hard to enforce.