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by Tactician_mark
1032 days ago
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Decoupling? You want to eliminate trade between the world's two biggest economies? This feels like economic policy from the 18th century. The decline of mercantilism and expansion of free trade ushered in modern global prosperity. Tariffs, protectionism, and trade wars still exist, but nothing like what you're suggesting. It's not just China's economy that would be affected - the developed world lives on cheap foreign goods, and any politician that suggests sacrificing that much quality of life for "security" wouldn't last long. |
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The majority of the world consider their quality of life depend on stuff like jobs, housing, healthcare and childcare, not having cheap e-waste.
Sure, it's nice that now I can afford to watch 4k movies beamed wirelessly to my phone which is a powerful computer in my palm, while I'm on the toilet in my tiny apartament, but I'd rather be able to afford a bigger apartment and be contempt with older shiny tech.
I'm not against free trade between nations, I'm against imbalanced free trade. We're trading with partners who are on the opposite spectrum of labor laws, environmental laws, etc,. making local workers/companies unable to compete in the race to the bottom, costing a lot of working class jobs and environmental damage be x10 except not in our back yard.