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guiraldelli | 1 year ago

In the last ten years, USA more than doubled the imports from EU [1], mostly machinery and vehicles, as well as other manufactured (i.e., industrialised) products such as chemicals.

In average, there is 200 billion USD/year [2]unbalance between imports from and exports to EU.

Now, imagine a war breaking in Europe, and overnight medicine and machinery [3] lacking in USA.

And those are products that need know-how, it is not something that any government can solve soon. Besides the 800 billion USD suddenly removed from the economy.

For better or for worse, we are all interdependent. And no matter how much we want to believe we can simply show a middle finger to our allies when it is convenient for us, the reality is that the interdependence in the real world, not in the demagogic one of political nonsense discourses, is a fact.

[1]: https://ec.europa.eu/eurostat/statistics-explained/index.php...

[2]: https://www.census.gov/foreign-trade/balance/c0003.html

[3]: https://ec.europa.eu/eurostat/statistics-explained/index.php...

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