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by IllogicalLogic 2847 days ago
Trump is actively setting trade/economic policy considering 18-19th century history (economic history more specifically).

Remember the Opium Wars and the families it made rich (most famous, Coolidge (descendants of Thomas Jefferson), Roosevelts (through the Delano family), Forbes (John Kerry's family), etc.. in the US). On the otherside of the pond, in 1890 (peak opium crisis), 30% of Britain's GDP was illegal opium smuggling to China.

https://www.thecrimson.com/article/2017/3/30/opium-at-harvar...

https://en.wikipedia.org/wiki/Russell_%26_Company

https://www.youtube.com/watch?v=D0AJ59vqzzg

The seperator between government and companies isn't as big as you think when this much multi-generational wealth and political power is invloved.

Kind of funny that many don't know their own history (Roman history is tough...going through 300 years of US history is trivially easy but most still don't).

1 comments

Yes, there's lots of ugly in US history. It's been very effectively suppressed. Most Americans will think that you're some sort of conspiracy theorist :(

And by the way, US tobacco manufacturers also managed to addict most of Southeast Asia. I highly recommend Drugs and Rights by Douglas N. Husak (Rutgers, 1992).[0]

0) https://www.cambridge.org/core/books/drugs-and-rights/0C9669...

Economic history has less incentive to lie and it's hard to retroactively change 100 years of accounting/trade history to maintain a fake national narrative.

Remember in international trade, atleast 3 seperate entities end up with copies of every transaction (buyer/seller/shipper).

It's why I consider it more trustworthy...

https://www.cambridge.org/core/journals/business-history-rev...

Thanks. Great paper.