Comments by "RiteMo LawBks" (@ritemolawbks8012) on "Into Europe" channel.

I'm not sure what you got against Europe, but the US has essentially turned most of Europe into a colony. US defends the EU because it rebuilt most of West Europe after WWII. Now we have access to market of half a billion people to sell out iPhones, Coke, films, weapons, loans, Facebook, and semiconductors. The US created the largest empire by mostly peaceful means. It doesn't make sense to abandon an empire that took centuries of hot wars, cold wars, coups, and intelligence operation to build.
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@o_o825 It's the second-largest economy on Earth. The US alliances with the UK and Europe are what makes the US President the leader of the free world. You're probably looking at trade surplus figures and US budget deficits and assuming that there is a net loss for protecting NATO and Ukraine. That's not the case. When Ukraine is rebuilt, the US will have another market of 45 million Pro-American Ukrainian consumers. Europe is very rich and corporate America and other exporters have benefited from access to the EU. It's a rich continent and the US has invested too much into Europe just to watch it move closer to Russia or China.
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@o_o825 Are you saying go back into isolationism? There's a historic reason why no economic superpower on earth would ever do that.
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@o_o825 That doesn't work. Have you read economic history? You might as well be advertising communism, too. Isolationism, the gold standard, and Marxism are all failed economic theories that can't work in the modern world. They all led to deaths of millions and global conflicts. You're referencing foreign trade as a percentage of GDP. Cut foreign trade and it would impact future GDP growth. There would be a nightmare scenario because GDP is influenced by other variables and not just Cosumption, Investment, GovernmentSpending, and NetForeignTrade. The US is home to the largest supply of gold and wealth. That would be gone, and the international conglomerates like Google that spread US media and culture around the globe would all to Europe and China. Isolationism might seem appealing on paper but it's a terrible idea. There has to be an international systems of rules. After WWII, one of the causes was determined to be the great depression and restrictions on international trade. The only thing worse would be to go back to the gold standard. All of those changes would send America back to the standard of living during Theodore Roosevelt. If that actually worked, don't you think a single country would have tried it. The last example of a nation doing that for centuries was Japan, and they were forced militarily by the US to reopen because a lot weaker and could defend against an imperial power like the US. If the US went into isolationism, it would cause a global depression and likely another world conflict. That percentage of GDP than you're referencing isn't the entire picture. The stock market would go into free fall and unemployment would spike. It would be a depression in the US as well. The Fed or federal spending wouldn't rescue the economy. The housing crisis in the US was enough to cause a recession in Europe. We tried isolationism, and all it caused was a worsening of the economic recessions and hyperinflation and it enabled the rise fascism.
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@o_o825 My previous post is probably too wordy (this one is too), but the New World Order and global system of international trade was created primarily by America. The US as the reserve currency was implement to make the US replace the British Empire as a superpower in international trade. That's why is difficult to understand why anyone would support America walking away from an empire that even dwarfs the British Empire at it's height. If you consider America's soft power alone in this conflict between Russia and Ukraine: The US hasn't fired a single bullet. It's able to do more damage by using sanctions. The fact that US and Russia have little trade is unimportant. The financial sanctions are a form of economic war, so every country that does business in US dollars have to observe some of the sanctions or be sanctioned themselves. A single country having that much power over international trade is unheard of. That's from trading with the world. The US wouldn't have that power if it were in isolation.
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