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To: chimera
History tells us that countries heavily dependent on outside sources for raw materials, component parts, and finished goods eventually finds itself in a position where it is vulnerable to conquest by siege (in all it's forms).

Let me add. Free trade globalism is similar to the Soviet system of central planning in one key aspect - it utilises the economy of scale and division of labor. Soviets planners reduced the redundancy and made one region of SU dependent on another. When the Soviet Union split and there were disruptions to the trade and local production the whole economy crashed.

I wonder how the US economy will do during the recession or disruption of world trade? When the myriad of little "unimportant buggy whip" parts are not available at some moment?

344 posted on 07/27/2005 2:47:35 PM PDT by A. Pole (The Law of Comparative Advantage: "Americans should not have children and should not go to college")
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To: A. Pole

Quote: When the myriad of little "unimportant buggy whip" parts are not available at some moment?



Yeah people do not realize that a shortage of a $3 part can ground a hi tech stealth fighter or F-18 just as easliy as a missle hit.


348 posted on 07/27/2005 3:04:39 PM PDT by superiorslots (Free Traitors are communist China's modern day "Useful Idiots")
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