Wednesday, October 8, 2014

On Why Trade Wars Are Bad

Try, because they all too frequently lead to killing wars (not to mention, third-world destitution, economic downturns, consumers and exporters getting royally butt-fucked, etc.).

4 comments:

dmarks said...

And all the damage in such wars is "collateral": the victims are always workers, consumers, families... losing money, losing choice, losing livelihoods.

While the plutocrats (as often happens in shooting wars) make out like bandits.

Will "take no prisoners" Hart said...

And even Bono has figured it out apparently (the fact that free trade has brought millions of third-world people out of poverty while foreign aid has only propped up the dictators).

BB-Idaho said...

Propping up dictators seems a common US foreign policy. Along the lines of bringing third world people out of poverty a local elderly dame was swindled out of
$600,000 by some slick operator
in Ghana. (even had a 'Ghanese
diplomat' stop by our little
airport to pick up the cash)
FBI picked up the leader at NYC
airport, but most of the cash
is lost over in Ebola-ville.
Whatever happened to caveat emptor?

dmarks said...

BB said: "Propping up dictators seems a common US foreign policy."

I remember when these were published.