POTUS is right - global trade is the enemy. Trade used to be the good guy - I make something nice, you grow some food, and we trade. Win win for all. It was better for one village to trade with another. Two tribes were better than one. The bigger the economic unit, the more we could trade and the greater the benefit. So why does this not work when the economic unit is the entire globe ?
Trade provides the discipline where the most efficient producers are matched with global consumers. No duplication of production resources. This assumes that all the production resources of the globe are inventoried and allocated to its most efficient use. The only way for this to be possible is if all the resources of the world are controlled by a single or small group, with total authority.
Since no one wants to give up control to a single global authority, the next best thing is to have self contained nation states, or groups of nation states forming a single economic unit. A balkanization of the world into trading blocs. That is where we are headed.
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