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TopicNationalist politics topic 11: NPC meme is the gift that keeps on giving
Vlado
11/12/18 4:48:09 PM
#351:


A fascinating article about the inevitable upcoming financial crisis on ZeroHedge:

How do we stay richer than our economy grows if the Fed isnt going to cooperate with bubble-blowing monetary policy?

There is another way.

The other way to be richer than your economy grows is to take wealth from the rest of the world. The other way is to turn alliance into empire. And then suck it dry. Or as wed say in bloodless economic-speak, extract rents.

The Athenians did it. The Romans did it. The British did it. And history remembers each of these imperial nations rather fondly. They were the Foundations of their day, at least as the victors write the history books.

I submit to you that the economic nationalist trade policies of Trump and Lighthizer and Navarro and Bannon and the rest of that crew understand this other way. I submit to you that when Trump expresses excitement over collecting some billions of dollars in Chinese tariffs, he genuinely believes that he is adding to the wealth of the United States. I submit to you that when Trump demands that Europe pay more for defense, his goal is to turn NATO into a profit center. I submit to you that applying a simple mercantilist lens explains 99% of our foreign policy towards Korea, Saudi Arabia, Iran and Russia.

https://www.zerohedge.com/news/2018-11-12/things-fall-apart-fed-cant-keep-it-going
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