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you'd hope people who make these decisions also include some mid and long term thinking. On that time scale any politicization of trade is going to accelerate c
by Barrin92 4y ago
you'd hope people who make these decisions also include some mid and long term thinking. On that time scale any politicization of trade is going to accelerate competitors and incentivize everyone to look towards alternatives. That's basically what's happened in software already.
A major reason the US has had sustained influence in the world without using much force is because it has not weaponized trade. It's the reason for the strength of the dollar, the dominance of US tech and finance, and so on. Throwing that away to merely stagger a country that's destined to catch up eventually doesn't seem wise.
- ngc248 4y ago>>> A major reason the US has had sustained influence in the world without using much force is because it has not weaponized trade Are you sure? All the economic sanctions which the US heaps on "enemy state"s are nothing but weaponizing trade.