Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

When obama brought in his affordable healthcare, one of the big issues he discovered was that healthcare in the usa depends almost entirely on exports from china.

the other issue at the same time for the democrats was that they were losing middle american votes because the globalists shipped those jobs overseas.

There has been bipartisan support to exit globalism since; and it is over obviously. Obama, Biden, and Trump have all be making major changes to exit.

Without the need for global trade, the usa is also no longer world police. They have instead condensed their blue water navies down to super carrier groups that will project power into specific spots like yemen/houthis for example.

The usa rather abruptly switched from trying to sustain stability over the world to the opposite; they benefit from causing chaos elsewhere because backhome stability will be attractive to investors.

Welcome to how trade always was; we usually had our navies trading bullets and not goods.

China isn't ready and these retaliatory tariffs will only punish themselves.

https://www.usni.org/magazines/proceedings/2020/february/chi...



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: