Comments by "RiteMo LawBks" (@ritemolawbks8012) on "DW News" channel.

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  21. ​ @sunrae3971  The US DOES protect its foreign interests in Europe and throughout the world. If it were to simply sit back as an isolationist nation and allow the UK economy to collapse and become bankrupt, it would be damaging to the financial sector, international trade, international monetary policy, and the markets for US Dollars-UK Pound Sterling exchanges. Despite being a sovereign nation with the sole authority to make the UK's austerity, fiscal stimulus, and monetary policy, Britain and the Bank of England ("BOE") will never act unilaterally. The UK is closely integrated with the economies of its main trading partners, so the BOE's inflation targets, interest rates, exchange rates, and economic-growth projections are nearly identical to the influential policies and targets set by the US Federal Reserve Bank, Int'l Monetary Fund, and the European Central Bank. The GDP of the UK is well above three US$ trillion, so from the perspective of the US and G7 nations, the UK economy, Pound Sterling, and the Bank of England are TOO big to fail without negatively impacting the global economic situation and consumer confidence. In the past, the US has intervened around the world (including Europe), to protect both (1) the domestic economies and currency-exchange rates of its international trading partners; and (2) to implement policies beneficial to the US GDP, business interests, and the health of the domestic US job market. If the UK were to be bailed out by the US again, the negotiations and settlements will mostly be determined by the leverage of US corporations and special interests groups that aggressively lobbies DC politicians and diplomats to include financially beneficial terms in treaties and executive international agreements that make US corporations wealthier, more productive, and competitive against international rivals.
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