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> if you want to see what protectionism and economic isolation will bring, go visit Cuba Hasn't its neighbour and biggest economy in the world been levying an
by andrepd 4y ago
> if you want to see what protectionism and economic isolation will bring, go visit Cuba
Hasn't its neighbour and biggest economy in the world been levying an embargo on Cuba for over half a century? Doesn't seem like the appropriate example for your argument.
- sokoloff 4y agoIt's exactly a (forced as a political matter) economic isolation situation. North Korea is another politically isolated economy. I don't think they're doing very well either. Trade helps poorer nations more than it helps richer nations, but it helps both.
- andrepd 4y agoThere are billions of people living under worse regimes than Cuba, yet only it and a handful of other nations have been on the receiving end of US sanctions. This was devastating to its economy (prior to the revolution it was of course Cuba's biggest trading partner). There is no justification for the embargo. It was Cold War aggression, pure and simple, now sustained for the last decades purely because of electoral reasons.