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It seems to me that this is still unemotional (where really I'd rather say mercenary, as I've seen so many business decisions driven by ego, which is definitely emotion).

Businesspeople have seen the U.S.A. do things like the Citibank account freezes, which is explicitly welching on paying money owed on a contract to companies in its own country, turning off and on supplies to a country at the personal whim of its leader, putting air traffic safety at risk as a means of privatization (using the OCP playbook straight out of RoboCop), and arresting foreigners at its borders.

If they've been paying close attention they've seen civil suit court orders ignored, lawyers having executive writs of attainder proclaimed against them, and rulings handed down about blanket and extensive executive privilege and immunity that take things back to the centuries past when banks could go out of business by lending to monarchs who then just decreed that they weren't going to pay.

Even the dumbest CEO would by now be thinking of the business risks of things like flying in personnel to a business conference or to visit a satellite office; let alone of supply chain reliability, whether U.S.A. courts are still capable of enforcing any civil decisions or U.S.A. lawyers capable of doing their jobs on behalf of foreign businesses, and what this means for loan risks and banking stability.




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