A small tropical island nation is perfect for growing sugarcane. They devote most of their agricultural capacity to it, and export sugar, using the profits to import the food they need. Then their crops get hit by a disease that just hits sugarcane. Or their main trading partner moves to another source for sugar. They are devastated. Not just one business or industry, but an indispensable foundation of their whole economy. One hiccup has made it so they can't feed their own people. Because it was more "efficient" to go all in on one commodity and be dependent on others for the basics.
Imagine:
A country outsources almost all of their manufacturing capacity to another country. Then that country becomes hostile. Or that country faces a crisis that requires them to use all those resources for themselves. Now the first country is left high and dry, because it was "cheaper" to let the other country take care of the basics.
Imagine:
A web services company decides to let another company handle all their cloud computing. Then the bigger company decides to put the boot down and kick the first company off their platform. A company is destroyed on someone else's whim, because it was "easier" to let a specialized market middleman hold the keys to the castle.
Globalist "efficiency" is a trap. It's a web to catch unsuspecting flies. It's a vulnerability, it's fragility, it's a thermal exhaust port. The trap may be sprung by accident or by evil. It doesn't matter. Either way, it kills you just the same.
This is not a difficult lesson to learn. It's easy to understand and easy to spot when it happens, which it does often. Anyone who deliberately denies the hazard can safely be assumed to be either a shill for something sinister, or a dunce.
That's funny because the way I view efficiency and how my grandfather told me was the ability to get everything I need without going too far.
Just because Country A B C and D may be efficient in making 1 widget specialization each to me seems highly inefficient because of transportation. Where as having one country having the ability to create the 4 specialized widgets to me is efficient. Since as a person who needs those widgets I can go directly to the source (within a 50 mile radius) and pick up all the parts just in case the local -mart doesn't have them.
At some point libertarians do not recognize that supply chains are a thing and hinging the whole global market on very specific countries making very specific things eventually fucks everything up.
Making everything in house has always been the most efficient when it comes to production. You can monitor quality easily and keep on a eye on production. Exporting manufacturing is highly inefficient and those who buy into that 'free trade' are just morons.
I believe in free trade but itโs very dangerous to rely on one place for one thing. Weโve already seen this with PPE from China. Actually everything from China. But I donโt think free trade means lacking redundancy. Redundancy is just smart in any situation where you canโt afford a critical failure. One is none and two is one.
Honestly Free trade is never free. There's always a cost, its always hidden to the end user. Its peddled as a fake salvation when in reality it does nothing to help both sides. It often leads to one-sided issues and exploitation.
Even the late Milton Freedman who was a proponent of free trade always made mention of the benefit cost. That in reality both sides should strive to make trade equitable more than free. As access to both markets domestic and international are a benefit to a free market.
Well I guess what I was thinking more in terms of free trade was free is in freedom of speech not freeze and beer. So less regulate trade but even then there needs to be some regulations
Imagine:
A small tropical island nation is perfect for growing sugarcane. They devote most of their agricultural capacity to it, and export sugar, using the profits to import the food they need. Then their crops get hit by a disease that just hits sugarcane. Or their main trading partner moves to another source for sugar. They are devastated. Not just one business or industry, but an indispensable foundation of their whole economy. One hiccup has made it so they can't feed their own people. Because it was more "efficient" to go all in on one commodity and be dependent on others for the basics.
Imagine:
A country outsources almost all of their manufacturing capacity to another country. Then that country becomes hostile. Or that country faces a crisis that requires them to use all those resources for themselves. Now the first country is left high and dry, because it was "cheaper" to let the other country take care of the basics.
Imagine:
A web services company decides to let another company handle all their cloud computing. Then the bigger company decides to put the boot down and kick the first company off their platform. A company is destroyed on someone else's whim, because it was "easier" to let a specialized market middleman hold the keys to the castle.
Globalist "efficiency" is a trap. It's a web to catch unsuspecting flies. It's a vulnerability, it's fragility, it's a thermal exhaust port. The trap may be sprung by accident or by evil. It doesn't matter. Either way, it kills you just the same.
This is not a difficult lesson to learn. It's easy to understand and easy to spot when it happens, which it does often. Anyone who deliberately denies the hazard can safely be assumed to be either a shill for something sinister, or a dunce.
That's funny because the way I view efficiency and how my grandfather told me was the ability to get everything I need without going too far.
Just because Country A B C and D may be efficient in making 1 widget specialization each to me seems highly inefficient because of transportation. Where as having one country having the ability to create the 4 specialized widgets to me is efficient. Since as a person who needs those widgets I can go directly to the source (within a 50 mile radius) and pick up all the parts just in case the local -mart doesn't have them.
At some point libertarians do not recognize that supply chains are a thing and hinging the whole global market on very specific countries making very specific things eventually fucks everything up.
Making everything in house has always been the most efficient when it comes to production. You can monitor quality easily and keep on a eye on production. Exporting manufacturing is highly inefficient and those who buy into that 'free trade' are just morons.
I believe in free trade but itโs very dangerous to rely on one place for one thing. Weโve already seen this with PPE from China. Actually everything from China. But I donโt think free trade means lacking redundancy. Redundancy is just smart in any situation where you canโt afford a critical failure. One is none and two is one.
Honestly Free trade is never free. There's always a cost, its always hidden to the end user. Its peddled as a fake salvation when in reality it does nothing to help both sides. It often leads to one-sided issues and exploitation.
Even the late Milton Freedman who was a proponent of free trade always made mention of the benefit cost. That in reality both sides should strive to make trade equitable more than free. As access to both markets domestic and international are a benefit to a free market.
Well I guess what I was thinking more in terms of free trade was free is in freedom of speech not freeze and beer. So less regulate trade but even then there needs to be some regulations
venezuela lol
Yuuup.