General Discussion
In reply to the discussion: America's massive trade deficit: Why BIG tariffs won't hurt the United States [View all]Zalatix
(8,994 posts)Which is why all the whining and crying about isolationism (aka isolationism-bashing) is bullshit.
Closed economic systems don't automatically fail - the Earth is already a closed economic system.
If we devalue our currency and make it impossible to import anything, and we can't get certain metals from Africa. But with a strong dollar we can bleed Africa dry and leave them with nothing. Their resources are finite. They'll run out, and we'll stop making computers. This is inevitable; we'll run out anyway.
Might as well devalue now and find another way to make computers. We will have to learn eventually. Sadly, this won't get through many people's heads - because no one thinks long term.
You can't bleed foreign nations of resources forever, because they'll run out. And they can't bleed us of jobs forever, because we'll run out.