Comments by "Gabor Rajnai" (@gaborrajnai6213) on "Robinson Erhardt" channel.

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  2. Well, its incredibly naive to think that the nations of the world are that eager to sell things to America, and fuel its debt with foreign investment. Theres a powerbalance in the world, where America is offering protection, in exchange getting resources and capital for free. If the world is made to be able to defend itself, thats a fair point, but then theres no reason to keep US dollar as a reserve currency, since it would boost every single nation to do their dealings in their own national currency. That would siphon out 60% of the capital currently in america, and make the debtservice uncertain. Its even more incredibly naive to think, that its still the 19th century, and things can be coerced by raw military force like the British Empire did. there are weapons powerful enough to eliminate the entire world multiple times, which makes certain great powers invulnerable to any military coercion, because no matter how many more warships personnel or hardware the adversary has the outcome will be the same. Do you really think professor Hanson that your papers and international treaties will really defend you, if the world is not onboard? You cant have your cake and eat it too, you can rule the world as long as the world is dependent on you, if they are not they will treat you as their equals. Theres a saying for that in the stockmarket, called pricing in. Theres a certain point up until your president can run around the world threatening everybody, but at a certain point countries will price his threats in, and make their countermoves regardless of how destructive it is to the US or their economies.
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