Why does the economy have to be globally interconnected? What's wrong with each country being their own island?

>Every country becomes their own island
Holy fuck, I can only play austrians games, eat austrian food and only watch austrian movies from now on

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So what you just don't like bananas? spices? one of the hundreds of other things you have in your country right now that you wouldn't have without international trade? Are you retarded?

that's antisemitic

because not every island has every resource or commodity in demand available, anonfren

So what happens when the world bank demands that some tropical country only produce bananas and rely on thebrest of the world for everything else?
Globohomo is fucking ruining the planet and people are still to stupid to realize.

Blockchain fixes this

Cut it down with the antisemitism! Reported and downvoted

How else would we outsource jobs to low pay regions in the world to feed the never ending need for endless growth?

Little to no room for jewish manipulation

>it's another Americans discovering basic economics thread

When will it end

Comparative Advantage

>the world bank demands that some tropical country only produce bananas and rely on thebrest of the world for everything else?
the world bank doesn't deamand anything like that retard
are you a failed art student?

are you retarded
im sure your opinion beats out civilizations trading with each other for thousands of years

You can have trade between nations without overarching bloated over funded bureaucracies.

I'm going to assume you are making a serious question. The reason is that some products are cheaper in some countries than others. If I have something you want, and you have something I want, and it's cheaper for us to get that, both of us win by trading. That's the basics of economics.

Fixing each country being their own island with their sovereign currency? It sure does.

>Trade never existed before globalism

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>What's wrong with each country being their own island?

all the cheap stuff we get from china gives us a better standard of living, user

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/thread

you realize not all climates and biomes can produce all goods right? without specialization everyone would be stuck with less of everything because some retard wants to grow cabbage in south america

Also, following the globohomo logic it makes sense to move all manufacturing out of "high cost" nations to "low cost" nations, in effect destroying the ability to be free and indedependent.
Interdependence is what led us to the brink of ww3.

But since the board is being flooded with retards trying to crack concensus, these points will be ignored in favor of blind trust in globohomo.

trade literally makes everyone richer. it is basic economics

Because there's benefits to trade. The modern overwhelming degree of wealth is based on it. However you could make the argument that the countries who colonized and industrialized is reaping more of the benefits but the fact is that standards of living has gone up all over.

Not everything is about skin color or cultural food my fellow burger.

Read the of The Wealth of Nations, the increase of separation of labor, and thus increase in productivity and wealth, can only occur under larger market sizes.

Not every country has it's own supply of every natural resource.

ok but why do we have to buy EVERYTHING from other islands

why can't it just be sometimes and not always?

>Memeflag, consensus cracking shill

Cool it with the antisemitism

That sounds rather anticapitalist you un American commie liberal

Try taking Econ 101 and come back

build a greenhouse

>Better standard of living
>Need a six figure income to afford a home now
>Groceries obliterate paychecks now
>Entire generations in arrested development now
Hurr durr muh sneakers and smartphones

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Because capitalism relies on growth, and you cannot have growth when your population is slowly declining (I.e. every western country)

But then it is chinese workers being paid, reducing the wages of our own workers, and thus enriching china and impoverishing ourselves

>The modern overwhelming degree of wealth is based on it.
no actually the modern wealth stratification depends on it.

Ever had your manufacturing base sent to anyother country?

what do you think globalism means retard, it's increased ties between international bodies specifically for better trade

why aren't you a baker, chemist, cleaner, builder, engineer, scientist, chef, etc etc, user?
the division of labor by specialty exists for a reason, and extends world wide
Morocco has 70% of the world's phosphorus reserves, natural resources arent spread evenly either

Heh what's that? You don't like multiculturalism? I guess you don't like FOOD then. Heh.

Holy shit now its confirmed consensus cracking shills are here in larger numbers than originally thought.

Oh wow you're right I remember how throughout human history people were just cool with foreigners buying up all their real estate!

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What is the best way to have your large fortune safe?

Now tell me why its better to remove manufacturing from the us and bring it to Mexico or China. Comparitive advantage right?

Nono you don't understand, all that matters is the GDP! Who cares if all that wealth is only relevant to 1% of your population while the middle class disappears entirely. Globalism yes!

I cant believe how may nufags are in this thread.
Intro to econ? Why so he can be a duning-gruger faggot like you?

it's better because rich white people want to be paid 10x more for the same job as mexican people, sorry but if you wanted to keep manufacturing jobs you'd have had to get off your lazy ass and work more for less like they do

What the fuck is wrong with you?

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>better trade
No its to increase sharholder earnings.
All of this shit is done without "democracy" no one votes to have their productive ability moved overseas. A cabal of internationalists do it for their own benefit first, it jist so happens that sneakers and bananas are given to the rich countries in exchange.

>Impoverish future generations and remove upward mobility
>Import masses of competition for the few remaining jobs
>?????
>Don't profit in the end because your country gets destroyed by domestic strife
Great plan retard.

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