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:

  1. 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.

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  2. 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).

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  3. 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?

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

    I remember when these were published.

    ReplyDelete

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