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by somenameforme
954 days ago
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Values matter much less than what's imported. For a simple example, imagine a country chose to restrict another country's access to luxury technology, clothes, and vehicles. And the other country chose to respond by restricting the former country's access to food, fertilizer, and gas. It's not hard to see who's going to win this trade war, even though the luxury goods almost certainly have a far higher nominal $ value. |
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