We need to reign in our national debt so we are able to take advantage of these sorts of opening opportunities without being so vulnerable to temporary trade restrictions. If we had a budget surplus as standard, and a total debt far below current levels, then a bit of Keyensianism could support living standards and give us more room for maneuver in a case like the one described.
it's been a failure of diplomacy that has caused the present conflict with russia, particularly the west renegeing on it's assurances to russia it wouldn't let nato spread eastwards, see 'nsarchive, what gorbachev heard'
We need to reign in our national debt so we are able to take advantage of these sorts of opening opportunities without being so vulnerable to temporary trade restrictions. If we had a budget surplus as standard, and a total debt far below current levels, then a bit of Keyensianism could support living standards and give us more room for maneuver in a case like the one described.
Great article, very interesting
Hi All. Explaining NATO in plain language. 32 nations. Real world perspective.
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the reality is economic forces will out
it's been a failure of diplomacy that has caused the present conflict with russia, particularly the west renegeing on it's assurances to russia it wouldn't let nato spread eastwards, see 'nsarchive, what gorbachev heard'
It was news to me. Unwelcome news, but important to know.