Interdependence Bites Back

This is where the techbros completely misread their situation. They are reliant on a system they are enthusiastically helping Trump dismantle: > In a highly interconnected global economy, coercive statecraft that relies on economic pressure inevitably leads to slower growth and higher inflation. No hegemon can exert such pressure without paying a price, because interdependence creates mutual leverage. Aspiring global hegemons and regional powers must therefore work to preserve international stability and predictability rather than undermine it. > This is particularly true for the US, which derives its power from economic interdependence, not in spite of it. The article doesn't quite go to the next point: technological development got a rocket boost from globalisation. Sectors like electronics begin to fall apart once you try to own everything.