Comment by kettlecorn
11 hours ago
The decades long level of trust in the US and its institutions was unprecedented and built off of the tremendous goodwill and momentum post WW2.
It was an unusually high degree of trust, and now it's unusually low. Even if the US reverses its policies it will take a very long time to rebuild trust, and even then the historical warning marker of the Trump admin will be studied as a reason to never return to the prior level of trust.
Without total trust software products are a natural target for any country that's thinking more about how to defend its own sovereignty. Policies and subsidies for locally built software that previously would have seemed frivolous or wasteful now seem prudent and badly needed.
yesterday in an article here on HN i read a wonderful dutch proverb:
“trust arrives on foot and leaves on horseback”
seems it’s applicable to this case too. Sad to see decades of work being tore apart in a few months.
Where does money land on that proverb?
Meaning people have very short term memories when some sort of financial incentive is inserted.
Trust is something you can give a price to.
The higher the risk of e.g. a loan, the more interest it has to pay out to be worthwhile. The exact amount* is, as I understand it, governed by the Black–Scholes model.
* probably with some spherical-cows-in-a-vacuum assumptions given how the misuse of this model was a factor in the global financial crisis.
Well, ask yourself where'd it get the horse
One should not overlook the human/emotional aspect. Decision-makers are not immune from it.
Hegemony comes with a certain degree of humiliation. Socially, it means accepting that a foreign language being taught in elementary schools becomes synonym with intelligence and eloquence, or protecting a copyright/taxation regime that go against your interest, or accepting that manslaughters perpetuated by troops stationed in foreign military installation on your soil will go unpunished, and so on. There's always been creeping resentment towards the US in any given European nation.
However, resentment is not a concern when "adults are in the room", even if not explicitly in charge. Economic prosperity is great, no one wants to break a good deal. But now those safeguards are failing on the US side. There's suddenly room to rationalize any hostility.
Sure, the extent to which this is a factor vs rational analysis is arguable... but I don't find it mere coincidence that France is the nation spearheading this.
My fear as a Briton and European is that even when Trump departs, the distrust remains so long as the US continues to be so politically divided. The chance of Trump being replaced by someone similar or worse will make most European politicians (incl UK ones) throw their hands up in despair.
Yes, as an American, I could point out that the side of US politics represented by Biden, Obama and Clinton is very real. It's internationalist, cooperative, and reliably so. Clinton was, in some ways, more willing to intervene in Eastern European crises than the EU was. And Biden came in early and aggressively to support Ukraine (though the EU eventually got there, and we can't decide who's side we're actually on, now).
But the problem is, internationalist Democrats are not the whole story of the US. There's another faction, one which our allies used to be able to work with. But that half of our nation's politics has been on a long, ugly moral slide. We are imposing ridiculous and destructive tariffs based on the personal grievances of one man. But a duly-elected Congress absolutely refuses to stop him. We are still covering up massive amounts of information about pedophiles in positions of power, but Congress hasn't done more than hold a vote and refuse to follow up. And we now have masked Federal police just murdering people in our streets for peacefully exercising their 1st and 2nd amendment rights, but a significant minority of voters are still cheering it on. If the moral trajectory sinks much lower, I'm not sure there would be any sins left to commit except public devil worship.
So no, you really can't trust the United States. Not because nobody here understands honor, alliances, or even practical business. But because that's not the whole story of the United States right now. We can't even get the Epstein files released. Which, admittedly doesn't affect you much. But it's clear sign of who we're becoming, and what a critical mass of our voters will ultimately accept.
[dead]
Trump is not the reason for the current disdain for the American state - he is merely the latest excuse that Americans make for the disastrous state of their country.
The rest of the world started being disaffected by America's actions in 2003, when it launched an illegal war based on utter lies, which murdered 5% of Iraqs' population.
This act and the following acts of war and funding of terrorist groups that the American empire decided was 'necessary' for its survival, have been noticed by the rest of the world, even while Americans' themselves do not have the temerity to confront the issue.
Blaming Trump is just another excuse Americans make for the mess that has been being made by their state for decades before he walked down some elevator somewhere.