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"Benefit the US". Nonsense. Trade barriers hurt both sides. And if the US wants to lower its trade deficit and/or bring back manufacturing some things that actu
by cjfd 1y ago
"Benefit the US". Nonsense. Trade barriers hurt both sides. And if the US wants to lower its trade deficit and/or bring back manufacturing some things that actually make economic sense are: stop being the reserve currency of the world, raise your interest rates, and start running a government surplus instead of deficit. Ah... you notice that all of these things are the opposite of what the idiot in charge of the US is actually doing. Well, the shortened summary of the whole thing is that the US is the very curious case of a superpower attempting to become a third world country. So who is actually winning here? Well, if the rest of the world decides to start doing some more free trade, the one losing is at the least very clear.
You know, trump is all about optics. If you have no idea what is actually going on it may well look like the mascot is the most important person on the field. Trump has made it its life purpose to be a mascot. In the meantime the collapse is brewing in the back.
- A4ET8a8uTh0_v2 1y agoI think part of the issue is that "Benefit the US" heavily confuses the beneficiary. Is the the organization that identifies by the flag and holds the land? Is it its various owners? Is is the government? And if it is, which part thereof? Is the population? When? Now? In the potential future? None of this is specified -- on purpose -- to muddle the waters, because the reader will read into it what they want to read.
- coliveira 1y agoThe US is Argentina of the 21st century. They're adopting all policies that will make this a 3rd world country.
- alistairSH 1y ago...the US is the very curious case of a superpower attempting to become a third world country... The really sad part... Argentina already went down this path with Peronism. They weren't a super-power, but they were economically very successful. And then they weren't.
- js8 1y agoCan you support this claim? From cursory reading (and looking at GDP per capita), the failure was of neoliberal policies (which caused several massive crises), not peronism.
- alistairSH 1y agoAspects of Peronism likely contributed to Argentina's fall. Authoritarianism led to political instability and frequent coups. Trade barriers prevented the nation from taking advantage of global trade. Spending on welfare and price subsidies accelerated inflation.