3 ms·
Maybe that's a a good thing? Per https://phenomenalworld.org/interviews/trade-wars-are-class-wars https://phenomenalworld.org/interviews/trade-wars-are-class-..
by Ericson2314 5y ago
Maybe that's a a good thing? Per https://phenomenalworld.org/interviews/trade-wars-are-class-wars https://phenomenalworld.org/interviews/trade-wars-are-class-... the rest of the world is chucking all sorts of junk at once --- per the high elasticity of the demand we barely want it but "oh fine" we'll take another shift if they are just that cheap.
If we're the dollar exporter, we should be able to call the shots in other ways. Dollars for democracy (hah), dollars for rail not cars, etc. etc. It's a massive soft power and develop-for-greater-good opportunity, but we choose to get inundated with cheap crap instead.