Liberal Forum

Fuelman » 18 minutes ago » wrote: ↑

18 minutes ago

Only time will tell if Trump's actions were stupid or stupid smart. He has a knack for moving markets and unfortunately not in the right direction.

I rather like the idea of America being self sufficient and stop the bleeding of billions of dollars overseas.

This is a long game, years.

I rather like the idea of America being self sufficient and stop the bleeding of billions of dollars overseas

In the era between the world wars, Argentina operated as an autarky...
For a while it was the wealthiest nation on Earth, on a per capita basis.

The current existing example is North Korea.

Meanwhile, Comparative Advantage has a proven track record spanning centuries.