jimmysong on Nostr: I'm sympathetic to both views. On the one hand, the US uses the IMF and World Bank ...
I'm sympathetic to both views.
On the one hand, the US uses the IMF and World Bank among other things to extract modern-day tribute from other countries.
On the other hand, Pax Americana is real and just to pick one second-order effect, shipping would not be nearly as cheap without it.
It's an odd system of non-US countries paying for a monopolistic service of peacekeeping. And as inefficient as that may be, it's still way, way, way better than world war.
On the one hand, the US uses the IMF and World Bank among other things to extract modern-day tribute from other countries.
On the other hand, Pax Americana is real and just to pick one second-order effect, shipping would not be nearly as cheap without it.
It's an odd system of non-US countries paying for a monopolistic service of peacekeeping. And as inefficient as that may be, it's still way, way, way better than world war.
quoting nevent1q…n7zxAmazing how many prominent people don’t understand this
