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KY_EnviroGuy

(14,488 posts)
5. In the 80s, Reagan Republicans must have thought globalization of our corporations.....
Sat Jun 22, 2019, 05:19 PM
Jun 2019

would give us permanent, total hegemony over the world. It did temporarily to a degree, but globalization also eventually provides work-arounds against any power's efforts toward dominance.

In fact, efforts toward dominance simply encourage other nations to step in with competition. We've seen that with aircraft, communications and basic foods. Some industries are slower to come around such as oil exploration services/components, but eventually will.

If dollar reserve currency dominance ever collapses, we're screwed.

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