Kilkis wrote:Was the free trade deal with India an advantage or a disadvantage?
The company is owned by people. A small company might be owned by one person, a large company may have shareholders. It is not owned by the State, nor by the mass of people. What the company does *is entirely its own business*. This is a matter of *freedom*. What is wrong is in fact the initial *lack* of freedom, in the first place, which *prevented* the company from moving or working in India, until this deal was made. There should have been no restrictions to begin with, and their existance is an imposition on the freedom of the person or people who own the company.
One expert that both Philppos and I follow predicts that there is an inevitable progression from currency wars to trade wars and finally to military wars. All the big players in the world have been fighting currency wars at least since 2008 after the financial crash. That is now evolving into trade wars with Trump imposing tariffs on many good on the basis of America first. The timescale for the first transition was ten years but there is no way to predict what the timescale to the second transition is.
I can't say there's been a trade war. Trump is a fool and a knave. His arbitrary and capricious behaviour reflects only his own personal issues : it does not reflect a deeper national interest, which would consistently drive the nation and its Government in a particular direction.
Military conflict normally occurs between neighbouring States, and inevitably occurs, given time (the long current peace within Europe is due to NATO, which has military unified these States, and then the EU in addition, but NATO is enough by itself). Wars between more distant States are unusual and rare.