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If the US wants to be the most powerful country in the world, so that if benefits the most from a non-stop flux of wealth moving in from outside, that involves
by alexgieg 2mo ago
If the US wants to be the most powerful country in the world, so that if benefits the most from a non-stop flux of wealth moving in from outside, that involves a cost, tiny as it might be.
The US decided that paying that cost of $0.10 in exchange for earning $10 was too much. So now it's saving those $0.10, and watching the $10 stop comming in.
This is an error all Empires commit a few years before falling from imperial status. As the British, themselves self-inflicted victims of the same mistake, say, penny wise, pound foolish.