Mia Wong

Yeah, but the thing that Reagan does that actually allowed him to temporarily restore the profitability of a lot of American manufacturing, and there is still a lot of American manufacturing, we'll get to that in a bit,

But the thing he was able to do was the thing that Garrison, I was threatening at the beginning of the show, by the time I am done doing this pod, like, maybe not this podcast, but by the time I finish doing It Could Happen Here, when I, like, die on the battlefield in 15 years, everyone will be able to fucking explain the Plaza Accords and the Reverse Plaza Accords because they are the central thing that got us all to this fucking place.

But the thing he was able to do was the thing that Garrison, I was threatening at the beginning of the show, by the time I am done doing this pod, like, maybe not this podcast, but by the time I finish doing It Could Happen Here, when I, like, die on the battlefield in 15 years, everyone will be able to fucking explain the Plaza Accords and the Reverse Plaza Accords because they are the central thing that got us all to this fucking place.

But the thing he was able to do was the thing that Garrison, I was threatening at the beginning of the show, by the time I am done doing this pod, like, maybe not this podcast, but by the time I finish doing It Could Happen Here, when I, like, die on the battlefield in 15 years, everyone will be able to fucking explain the Plaza Accords and the Reverse Plaza Accords because they are the central thing that got us all to this fucking place.

which is that Ronald Reagan goes to Japan and goes to, like, West Germany, and the subtext of what he's saying is, like, you are American military protectorates, and because you are American military... Japan, by the way, is, like, the great industrial power of the 1980s, right, and through the 90s. Like, they are, like...

which is that Ronald Reagan goes to Japan and goes to, like, West Germany, and the subtext of what he's saying is, like, you are American military protectorates, and because you are American military... Japan, by the way, is, like, the great industrial power of the 1980s, right, and through the 90s. Like, they are, like...

which is that Ronald Reagan goes to Japan and goes to, like, West Germany, and the subtext of what he's saying is, like, you are American military protectorates, and because you are American military... Japan, by the way, is, like, the great industrial power of the 1980s, right, and through the 90s. Like, they are, like...

the defining like they are the thing that everyone thinks about China today like if you want to find every argument people make about China from the entire political spectrum like all the way from like people on the one hand going like this is they're going to destroy American hegemony to people on the other hand being like this is what socialism is you can find all those same arguments people made about Japan in like the 80s

the defining like they are the thing that everyone thinks about China today like if you want to find every argument people make about China from the entire political spectrum like all the way from like people on the one hand going like this is they're going to destroy American hegemony to people on the other hand being like this is what socialism is you can find all those same arguments people made about Japan in like the 80s

the defining like they are the thing that everyone thinks about China today like if you want to find every argument people make about China from the entire political spectrum like all the way from like people on the one hand going like this is they're going to destroy American hegemony to people on the other hand being like this is what socialism is you can find all those same arguments people made about Japan in like the 80s

But, you know, what Reagan forces these countries to do is to increase the value of their currency relative to the dollar. Right. So the dollar is suddenly worth less. And because the dollar is like worth less relative to other international currencies, it makes U.S. manufacturing more competitive. And this like temporarily restores American technological production.

But, you know, what Reagan forces these countries to do is to increase the value of their currency relative to the dollar. Right. So the dollar is suddenly worth less. And because the dollar is like worth less relative to other international currencies, it makes U.S. manufacturing more competitive. And this like temporarily restores American technological production.

But, you know, what Reagan forces these countries to do is to increase the value of their currency relative to the dollar. Right. So the dollar is suddenly worth less. And because the dollar is like worth less relative to other international currencies, it makes U.S. manufacturing more competitive. And this like temporarily restores American technological production.

But then they have to reverse them because that nukes the entire Japanese economy and the Japanese economy becomes an entire thing of real estate speculation. Right. Which, you know, I know you may be too young to remember what happened the last time that we based the entire economy on real estate speculation, but it didn't go great.

But then they have to reverse them because that nukes the entire Japanese economy and the Japanese economy becomes an entire thing of real estate speculation. Right. Which, you know, I know you may be too young to remember what happened the last time that we based the entire economy on real estate speculation, but it didn't go great.

But then they have to reverse them because that nukes the entire Japanese economy and the Japanese economy becomes an entire thing of real estate speculation. Right. Which, you know, I know you may be too young to remember what happened the last time that we based the entire economy on real estate speculation, but it didn't go great.

All right, while Garrison checks to be a long docs file, the economy that is built up from all of this, though, right, is an economy based on a few different things. One, it's based on an entire network of global supply chains with, you know, like, very, very minimal tariff barriers between them, right? It is based on the sort of doctrine of free trade, which is, you know, not really free, but...

All right, while Garrison checks to be a long docs file, the economy that is built up from all of this, though, right, is an economy based on a few different things. One, it's based on an entire network of global supply chains with, you know, like, very, very minimal tariff barriers between them, right? It is based on the sort of doctrine of free trade, which is, you know, not really free, but...

All right, while Garrison checks to be a long docs file, the economy that is built up from all of this, though, right, is an economy based on a few different things. One, it's based on an entire network of global supply chains with, you know, like, very, very minimal tariff barriers between them, right? It is based on the sort of doctrine of free trade, which is, you know, not really free, but...

Obviously, the ways that these were written structurally benefited the U.S. The U.S. is allowed to do all of this shit for its corn production that no other country is allowed to do. All of the market tampering that all these people scream about is just what the U.S. does with corn.