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Black Cat Dungeon Master\x27s Familiar
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Comments by "Black Cat Dungeon Master\x27s Familiar" (@blackcatdungeonmastersfami5311) on "US Aims at China with Panama/Greenland Grab" video.
Joseph Chamberlain tried doing that but he had a lot of opposition. It was the First World War which weakened the British Empire, not tariffs. At the start of the century, the British Empire was in pretty good health, but it had a huge economic and technological lead in the mid nineteenth century, it was unsustainable to keep such a big lead as countries like Germany industrialised and educated their populations. So it was inevitable it would lose a relative share of the world economy no matter what it did.
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@ The definition of a great power is to be able to fight a major war with its own resources. The end of great power status is actually doing so. The USA only got away with it in the first two world wars because the destruction was far from home and it joined late enough to spare most of the cost and come out ahead of all the countries which joined earlier.
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@ysw8291 And he's wrong. The USA used tariffs to build up its own domestic industry two hundred years ago when it was decisively in the ascent. There are many other such examples. 19th century Europe was highly protectionist you can't argue that it was in decline then.
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