Comment by nebula8804
21 hours ago
>When you take away cheap clothes and cheap TVs, all made in modern Asian factories and replace them with shitty American products at 3x the price, the current populist movement will look like a party in comparison.
Would the rest of the world even care anymore? Everyone from Canada to New Zealand is now making plans for long term disconnection from the US. They will not let the next Trump boss them around like they have been this past year. The reputation is torched and so if the US launches another populist movement that leads nowhere and collapses the country as a result why should the other 95% of the planet care?
The other 95% of the planet has mostly been relying upon the USA as the global hegemon to provide the security guarantees and financial infrastructure necessary for large scale free trade since the end of WWII. If the USA steps back from that then global trade networks will gradually break down because no other country or stable coalition has the desire or resources to step into that role. The situation will revert to something more like what we saw pre-war when most trade was regional. New Zealand in particular is in a weak position as they are heavily reliant on agriculture exports, and lack any ability to project power beyond their own borders.
Nope… the US has been relying on the rest of the world to fund it's deficit, provide land for military bases to project it's 'power'
There’s interdependence, which is a system that benefits the world and the US. The US taxes the world with inflationary currency, and most of the planet has been relatively peaceful.
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