"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Trump's Economic Warfare Targets Innocent Bystanders
Submitted by Westernerd on Thu, 2017-04-06 03:00
If this sequence of trade retaliatory events were to continue with one counter-trade restriction after another, economic warfare then threatens a downward spiral with reduced trade among nations, falling profits and employments in export and import sectors, and declining standards of living in all the participating countries from following this wealth-destroying path.
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