Haha. The perfect analogy.
Bagster
Lesser Oracle
This is BIGLY entertaining and richly justified.
Trump pulls the chair out from under the socialist economies in the E.U. and Canada, while implicitly suggesting Russia is more significant than at least some of them.
The E.U. will be swiftly unmasked to the world when they have to pay their own way, and find themselves in reciprocal trade deals (or NONE) with the USA.
Japan, Korea and perhaps even China seem more likely to come to grips with the new reality.
The E.U. countries are analogous to that long-haired 30-year old that got sued by his parents to force him to move out of their house.
Haha. The perfect analogy.
Bagster
Lesser Oracle
Exactly!
So.....several of the G7 already do business with Russia, but when Trump even suggests Russia be at the table for trade, they freak out. What am I missing?
To elaborate on that point, it would be essentially impossible for Western European nations or Canada to run a trade surplus with the United States unless they had an unequal tariff structure. The regulatory environment, labor cost structure and economics of scale would naturally favor us, at least outside of innovations or items specific to the other nations.
That said, it appears that this, along with the savings they’ve always realized with us carrying the bulk of their defense spending water via NATO and our continental nuclear deterrence, has been propping up their socialist structures for decades and they are flipping out at the potential upset they face when this status quo is changed.