BOOMERBUSTER

BOOMERBUSTER
OLD CELLO

Sunday, April 9, 2017

TRADE

Advice for 60 years ago, when it might have made a difference, and been feasible:

The best reasons to engage in trade with them are that it retards your trading partners' industrial and technological development, and that it is less advantageous for, or even harms, those others who also trade with them in competition with you.
 
Whether it actually benefits you in terms of providing a market for your goods, or makes a short term profit, or whether it is a strategic partner today, or is a friend of a friend, are irrelevant.

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