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Same thing that stops other countries from doing this. It would create a (multi) generational block against all foreign investment and devastating sanctions. C
by lumost 2y ago
Same thing that stops other countries from doing this. It would create a (multi) generational block against all foreign investment and devastating sanctions.
Cuba did this as part of the revolution. The nationalization of American owned businesses was a major contributor to later hostilities. We don't have an embargo on Russia, yet we still maintain the trade embargo on Cuba.
- t-writescode 2y ago[flagged]
- lazyeye 2y ago[flagged]
- t-writescode 2y agoHow about "with the rapid ascent and descent of tariffs against trade partners and allies heretofore unseen in their magnitude, as well as the frequent changes in directions to those tariffs - seeming to use them as threats - again, to our allies and trade partners", the United States has changed its behavior in a way that most people would see as untrustworthy (and if they were a friend or dating partner, most would recommend a temporary cutoff)? Does that sound less "partisan"?
- xedrac 2y agoIf we had fair trade coming into January, then I would agree with you. But we didn't have fair and balanced trade with many nations. So Trump's actions are at least understandable.
- lazyeye 2y agoAgreed. People don't seem to understand that unfair trade practices having been going on for decades. It's just that Trump appears to be the first president to actually take action on the problem. And it's pointless debating Trump-haters on day 2 of what will be a much longer process to restructure global trade to be more fair and balanced.
- outer_web 2y agoWe were the economic and military hegemon. Perhaps it wasn't as bad as you say.
- lazyeye 2y agoIt is likely worse. Much worse. For anyone interested, here's an interview with Bob Lighthizer on what has been going on with global trade over the past few decades:- https://www.youtube.com/watch?v=p0IUh8kNSqY https://www.youtube.com/watch?v=p0IUh8kNSqY I'd be interested in comments on what he has to say rather than attacks on his character and the usual shooting the messenger etc.
- outer_web 2y agoCare to summarize his points? I hate youtube and especially hate rando video links from the internet.
- lazyeye 2y agoNope..it requires effort to understand things beyond partisan tropes.
- outer_web 2y agoI didn't realize I was only engaging using partisan tropes. Thank you for educating me.
- t-writescode 2y agoFor what it's worth, I would prefer to have a summary as well, rather than listening to Tucker Carlson and someone on his show for an hour and a half. I read his book, Ship of Fools, years ago and what I gathered was that he saw a lot of the same general negatives as the next person and made a lot of sense; but his solution was always an ethnostate, veiled or otherwise, to fix everything - or I suppose "immigration is the harm" and "people not like us", etc. If there's useful information from what he says, I'd love to hear it, but I don't want to hear the other half again as it's exhausting.
- tartoran 2y ago> This is a blinkered, partisan view. Please don't be lazy, explain what you mean. Your simple statement does not bring any value as an counter-argument. You could add a "because..." and along with your reasoning.
- pstuart 2y ago[flagged]
- lazyeye 2y ago[flagged]
- everyone 2y agoRussia actually did do that recently though right? "What stands on Russian soil is owned by Russia" And the US still trades with them, and seems to really want a closer relationship.
- ArtTimeInvestor 2y agoWhat type of investments would a USA that produces everything themselves need? What type of sanctions would it fear?