SoftestSapphic@lemmy.world to 196@lemmy.world · 23 days agofake economy rulelemmy.worldimagemessage-square10fedilinkarrow-up1293arrow-down12
arrow-up1291arrow-down1imagefake economy rulelemmy.worldSoftestSapphic@lemmy.world to 196@lemmy.world · 23 days agomessage-square10fedilink
minus-squarefinitebanjo@piefed.worldlinkfedilinkEnglisharrow-up5arrow-down1·23 days agoRelying on the US Economy as the nation falls into isolationist fascism is a huge problem. But it isn’t because the economy revolves around the USA’s biggest exports, excluding oil, and sectors seeing the most development. The USA saw more than $500 Bn USD growth in exports between 2020 and 2024, an increase of 44%. It’s not just mindlessly trading back and forth inflated funds, although that is also happening, it’s a system that creates product.
Relying on the US Economy as the nation falls into isolationist fascism is a huge problem.
But it isn’t because the economy revolves around the USA’s biggest exports, excluding oil, and sectors seeing the most development.
The USA saw more than $500 Bn USD growth in exports between 2020 and 2024, an increase of 44%.
It’s not just mindlessly trading back and forth inflated funds, although that is also happening, it’s a system that creates product.