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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (148546)5/15/2019 5:44:19 PM
From: Maurice Winn  Read Replies (2) | Respond to of 218555
 
Once upon a time Free Trade seemed good to me and generally so that remains. But to the extent that countries remain independent multicelled organisms they do require borders and immune systems for self defence. On the other hand the 200 countries are increasingly a single organism in which one would prefer to not shoot oneself in the foot or cut off one's nose to spite one's face.

The Euroserfs went full organism but that has proved untenable with big problems especially since they did not protect their collective border. Now rampaging invaders are taking over and the drawbridges are being raised and portcullis slammed down.

It seems that big tariffs on many imported things is a good idea. Rare earth and other minerals, oil, coal, gas, etc for example to encourage local supplies or replacements. But there should be countervailing tax cuts which Big D already did. No wonder the USA economy is going great.

Of course one must be circumspect and remember that greatest value comes from widest trade. Albania and north Korea are examples of hermit kingdoms remaining frozen in time with the lights out.

Singapore, Switzerland and Hong Kong have been great examples of good borders but wide trade. Tariffs are tempting but treacherous like so much in life.

Mqurice

PS 4 years ago our first born and first born niece were in big trouble. Tarken died soon after from B12 vegan deficiency and broken heart despair. Trudy died 8 May from the misdiagnosed breast cancer.