Their economy depends on the other countries around the world. What do you suppose happens when the countries dump TBonds and the US dollar? What happens when the agriculture industry is destroyed when the potash stops? There are so many trade dependencies that disappear.
The US has had a golden ticket and they would throw it away. No more printing money. Good luck maintaining all of that military, especially spread out all over the world.
It’s frankly astonishing that the citizens of the US don’t understand that they established these systems of trade and finances to benefit them and make their country rich and so they could get low priced goods and abundance, and they got spoiled by it and assumed it was all due to their greatness. But they’re heavily dependent on it and it’s a different world once it’s gone.
The very definition of born on third and thought they hit a triple.
That would also crush EUs economy, and hurt all the wealthy/politicians. Many citizens would get angry, and probably vote the status quo out of power.
I agree that it still should be done, because the alternative would likely be worse. But, I think it’s unlikely to happen because the people who benefit the most from the way things are won’t willingly let it.
Complete and total cessation of trade with the US is extremely unlikely. Countries that have done worse still regularly engage in trade. Even if all of Europe stopped buying and selling with the US, Europe is 500 million people on a planet with 7 billion.
No, it still wouldn’t be good for anybody and Trump and his supporters are deluded dingbats but it wouldn’t isolate the US.
That’s a fair point, this is another level. But the US spends much, much more on its military than all of Europe and Canada combined.
Their economy depends on the other countries around the world. What do you suppose happens when the countries dump TBonds and the US dollar? What happens when the agriculture industry is destroyed when the potash stops? There are so many trade dependencies that disappear.
The US has had a golden ticket and they would throw it away. No more printing money. Good luck maintaining all of that military, especially spread out all over the world.
It’s frankly astonishing that the citizens of the US don’t understand that they established these systems of trade and finances to benefit them and make their country rich and so they could get low priced goods and abundance, and they got spoiled by it and assumed it was all due to their greatness. But they’re heavily dependent on it and it’s a different world once it’s gone.
The very definition of born on third and thought they hit a triple.
That would also crush EUs economy, and hurt all the wealthy/politicians. Many citizens would get angry, and probably vote the status quo out of power.
I agree that it still should be done, because the alternative would likely be worse. But, I think it’s unlikely to happen because the people who benefit the most from the way things are won’t willingly let it.
Complete and total cessation of trade with the US is extremely unlikely. Countries that have done worse still regularly engage in trade. Even if all of Europe stopped buying and selling with the US, Europe is 500 million people on a planet with 7 billion.
No, it still wouldn’t be good for anybody and Trump and his supporters are deluded dingbats but it wouldn’t isolate the US.