this post was submitted on 21 Apr 2025
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What exactly does "should" mean in this context? Either it does it it doesn't, and saying it "should" just sounds like saying reality is wrong for not conforming to your economic theory.
I think the implication is that it's essentially being prevented from collapse because it's so ingrained in international trade that if it were to collapse it would hurt you and your allies too much, so you don't allow it to collapse when it otherwise might.