And a large portion of the immediate benefit perceived was due to rapid, last minute purchases of products before the tariffs were put in place

Hell, there's got to be a massive bailout now due to lost sales by farmers

$12,000,000,000 US dollars going straight to that

Do you know what is cost of capital?

I do

So, that continually increasing damage, if discounted would be actually decreasing.

Because it would be divided by exponential series

And exponential series is one of the fastest growing series that naturally exists

exponential series?

1/r^n

I know what exponentiality is

So? You know that for every passing year, we increase exponent by 1

ehm, what?

Discount rate effect increases exponentially.

We're still looking at a lessened supply with greater tariffs

That would never overtake growth in exponential series.

howso?

A $100 gain today will be more than $10,000 gain after 100 years. That is a factor of 100. So, if USA's share even becomes a quarter than it currently is, it would still be more beneficial to have a short term gain.

We're also considering the wellbeing of other nations too

Specialization in what one holds a comparative advantage in still, regardless, culminates in greater productivity long run and benefits both nations rather than just a single one

I am not sure what more I can show you. No, it does not happen that way. The more liberal econmonies did benefit by globalisation but they also were the biggest sufferers of depression because of lack of autarky. Data shows that developing nations were lesser affected than developed nations.
That happened because these nations were entirely dependent on other nations for certain products.

It was in 2000, then 2008

When one nation got affected, others linked to it also got affected, creating a chain reaction, especially in the real estate crash in 2008

USA's GDP growth rate for example, decreased by 200%, while India's GDP growth rate only decreased by 66%

UK's GDP growth rate also decreased by 200%

And do you know how much of growth rate Uganda lost?

20%

*they didn’t have much to lose in the first place*

But it is growth rate

Not actual amount

It already factors in their less assets

Increased liberalisation has increased frequency of depression. First it occurred in 1830s, and then in 1920s, which is almost 100 years. Then in 50 years, in 1973. Then in 30 years in 2000. And then in 8 years.
And all this, when we understand economics better (perhaps) and have so good communication systems and technology.

There's been countless depressions and recessions

It's a natural part of a capitalistic economy

I'm not even a capitalist

https://youtu.be/IHGrNzs1tjM

Friendly reminder that Christians, if they actually follow their holy book, believe that this would actually have an effect

This semester needs to hurry up and end so I can come back and appoint better staff members

@SilverLining Looks like Anon is really in need of new staff in giving that role to you

GDP is shit

@Bogatyr Bogumir @The Big Oof How about you actually bother to read about nationalism in the first place. To not forget you did not refute any of my point.

You guys don't have first-order concept understanding of nationalism, Borgatyrs first point proves his misunderstanding, I did not refute the existence of nations so most of the first paragraph has nothing to do with the discussion at hand.
Nationalism is by definition: The belief that nations has the right to self-determinism and governance, this notion of self-determinism.
Nations has existed yes, but that does not mean nationalism did...

States in the past consisted of many nations bound by the Monarchy and they would be more loyal to their common Monarch than the idea of their supposed nation.

Problem is that nationalism is hostile to the nation itself, because it demands homogenization, which again destroys the distinct groups in the nation, and no it is not the majority enforcing this on the minorities. The French Revolution and the modern French state enforced the France language on the historical provinces despite only about 3% actually spoked it, same with Hungary.