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? And the US is not even borrowing from its citizens. It borrows from the empire currency which the world values high, because the free trade, non mercantilist
by Log_out_ 3y ago
? And the US is not even borrowing from its citizens. It borrows from the empire currency which the world values high, because the free trade, non mercantilist capitalism world order was the best thing we got so far and nobody offers an reliable alternative.
If the US cities were nuked tomorrow, but harbors and barracks and nerve centers remained, that machine would life on like nothing happened.
China, with its current value system is clear mercantilist and can not replace the machinery with all the ships in the world. Europe can't do free trade, even if Ukraines life in grenades depended on it.