Earlier quoted context omitted.
Just as America would like to reduce its dependence on external production, so to do other countries want to reduce their own. We used to live in a world converging toward maximal international trade, when in fact it was exploiting underdeveloped nations. As we progress globally, and as the development gap shrinks, we have noticed power dynamics which weren't well guarded against in the old way. So now what? How do w…
> Just as America would like to reduce its dependence on external production, so to do other countries want to reduce their own. If anything, I'd say for other countries it's more urgent. If China embargoes deliveries of light bulbs to Europe, all the light bulbs already in place keep working. The pain would grow over time - giving a grace period, to ramp up local production. If America embargoes AWS, Google, Apple a…
The immediate and obvious response would be for the foreign branches of those companies to be declared "of national interest", nationalized and forced to keep operating.