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30 days agoI feel like saying it’s normal for empires to fall due to external causes is not accurate? It’s usually the exception. Maybe the external factor is the final kick, knocking over a rotting house of cards, but the cause is almost always division, internal conflict, or unsustainable growth. An empire is much more likely to collapse under its own weight than it is to have Alexander the Great kick its teeth in. The Ottoman Empire was called “The Sick Man of Europe” for a reason.
I might be wrong here, but tariffs can be very effective tools, but as a slow burn. The way they’re being wielded here is asinine.
If you want to affect behavior, tariffs are a long game. They’re passed by Congress so they aren’t tied to the whims of one man. If you don’t want US chicken or EU trucks, make a law and let decades of implementation change behavior.
If you just want them to hurt, you do them the way we are now. The unpredictability hurts businesses and individuals, inside and outside the US. It makes prices and markets volatile and sows distrust. It hurts the vast majority of people, but benefits people who have the stability and assets to buy low and sell high. Each tariff implementation and retraction is just a mini market manipulation giving people with advance knowledge of what is affected to profit.