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by rjzzleep 1344 days ago
Russia has done exactly that. They have been preparing for sanctions since 2014 and they were hugely successful. Save some twitter keyboard warriors everyone relevant has acknowledged that at this point Russia has won the economic war. Europe is heading for a deep recession and Russia is already on its way back out[1].

There is really no masking the incompetence of these administrations. Pretending that they couldn't have acted more strategic even after decades of firesale exporting US manufacturing to China is just wilfully misleading. Exporting your entire manufacturing for short term profit isn't "integrating economies", it was just pure greed.

Comments like the one above are also not helpful. To improve upon a dire situation you have to first acknowledge that there is a problem. But somehow the democrats are pointing at Trump saying he was a foreign agent and the Republicans are pointing at the democrats saying Biden is a foreign agent but the course is the same, full steam ahead.

One of the first things Biden did was remove most of the Trump imposed tariffs only to impose something even more chaotic a bit later. The current administration is now claiming they will move Missile Defence from Saudi Arabia to Ukraine. It's like watching a toddler throw tantrums and wanting his toys back. As if these things are just plug and play systems you can pull off here and put back there.

[1] https://www.economist.com/finance-and-economics/2022/10/11/a...

1 comments

From your source: "Western sanctions, launched in response to Vladimir Putin’s invasion of Ukraine, have wounded Russia’s long-term prospects." Russia hasn't demonstrated that it can continue to manufacture advanced weapons (the ones with chips) quite the opposite. Wars tend to repel recession because they mobilize and borrow, that's not all good. Interesting that you clearly support Biden bringing industry back to the US.