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Trade Wars (Isolationism) Explained in One Minute
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Trade wars are started because politicians tend to conveniently blame other countries whenever things aren't going well with the economy. On paper, isolationist policies seem fairly straightforward but in the real world, the other parties retaliate.
If Country A embraces isolationism and slaps Country B with tariffs for example, Country B will most likely retaliate and before you know it, a full-blown trade war starts.
Let's try to analyze isolationism and trade wars in a rational/reasonable manner, shall we?
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Oh and I've also started playing around with Patreon, my link is:
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If Country A embraces isolationism and slaps Country B with tariffs for example, Country B will most likely retaliate and before you know it, a full-blown trade war starts.
Let's try to analyze isolationism and trade wars in a rational/reasonable manner, shall we?
Please like, comment and subscribe if you've enjoyed the video.
Oh and I've also started playing around with Patreon, my link is:
Interested in reading a good book?
My first book, Wealth Management 2.0 (through which I do my best to help people manage their wealth properly, whether we're talking about someone who has a huge amount of money at his disposal or someone who is still living paycheck to paycheck), can be bought using the links below:
My second book, the Wall Street Journal and USA Today bestseller The Age of Anomaly (through which I help people prepare for financial calamities and become more financially resilient in general), can be bought using the links below.
Last but not least, if you'd like to follow me on social media, use one of the links below:
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