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by adventured
3052 days ago
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It's not just helpful, it's a requirement. Economic development from poverty to prosperity, is nearly impossible without vast foreign investment. The wealthy European powers built up the US economy in its early days, providing immense capital. Without that, the US either would have never properly developed, or it would have taken dramatically longer. How long has Georgia been separate from the USSR at this point? It was ruled by a backwards, violent, impoverished, broken Soviet system for seven decades. You were what, expecting them to sprout $70k per capita GDP prosperity in just 15-20 years post Soviet slavery, while in the midst of a political and military confrontation with Russia? |
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It wasn't a requirement for the US -- itself a very protectionist country until well into becoming a superpower.