Simple fact. President Trump had better reevaluate his use of Sanctions- continuing senile Joe’s failed Sanctions tactics makes him no better.
Free Trade and Commerce promotes Peace, Sanctions always results in resentment and hostilities.
Sanctions arguably worked in the case of Syria, but you need to be FAR STRONGER economically than those receiving the sanctions...on the order of 10:1.
That’s not the case for China and even our ability to punish India is limited.
From Armstrong Echobullshit?
And what does work according to them? Sending pallets of money to them?
Nothing Trump had done will work until it did.
I own the scam site, ArmstrongEconomics. For only $150 a month you can get access to my legendary Socrates reports.
I have used this program for decades. Only gone bankrupt three times.
Still a few bugs to work out after I lost over $700,000,000 of my investors' funds in a ponzi scheme that went upside down and got me eleven years in the federal pen.
signed, Martin Armstrong
IATG
IATS
Sanctions against Rhodesia and South Africa did work, but in the end, it led to 2 failed black African states.
I wonder if Spartacus or whatever it’s called, could make some assumptions about how dangerous Japan would have been if they had more time at full production with complete access to all of the imports from the Allies?
Sanctions are a tool. They are “arrows in the quiver” but they are never meant to be the entire body of actions against the intended nation(s).
In the case of Russia, we can make it difficult for them to do business, to build things, or pay for things. At the same time, blowing up their army in Ukraine means they have to restock their military equipment. All of this consumes resources. Resources that require money that oil sanctions will lessen. Resources that require importing material and items from countries that require money to pay for them.
It is thinking like Armstrong’s that indicate they are pretty superficial while trying to sound like a Greek philosopher.
I really don’t care that my enemies are annoyed.
That said, sanctions on India might result in close downs of Indian call centers — moving them back to the English-speaking US.
Economic sanctions don’t work? They didn’t work before WW2. So is this guy advocating WW3? Or is the Neville Chamberlain approach going to work?
The US essentially had sanctions and no trade policies during the Cold War against USSR, Eastern Europe and China. I wouldn’t say that was a failure. It was better than WW3.
Sanctions may not work, but we can monetize failure to comply.