- 14,822
- 35,826
http://www.cnbc.com/2017/05/31/trum...king-out-of-paris-agreement-analysts-say.html
Economic "suicide" then.
If other countries decide to strengthen green regulations on products entering their markets and the US doesn't feel like respecting them, good luck with making the economy grow as US products get shunned from international markets.
In addition, an increasingly indebted population diminishes the appeal of the US as an export destination (indebted folks don't spend), especially when its total population represents 1/6 of the combined population of China and India (countries with flourishing economies and a larger potential to grow their consumer base).
The last element of leverage will be the military and exporting war left and right to destabilize those areas that don't feel like messing with the US, especially if the status of the USD as a reserve currency comes under threat.
Where's the win again? Are we the baddies?
Economic "suicide" then.
If other countries decide to strengthen green regulations on products entering their markets and the US doesn't feel like respecting them, good luck with making the economy grow as US products get shunned from international markets.
In addition, an increasingly indebted population diminishes the appeal of the US as an export destination (indebted folks don't spend), especially when its total population represents 1/6 of the combined population of China and India (countries with flourishing economies and a larger potential to grow their consumer base).
The last element of leverage will be the military and exporting war left and right to destabilize those areas that don't feel like messing with the US, especially if the status of the USD as a reserve currency comes under threat.
Where's the win again? Are we the baddies?