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Lessons from economies that closed their borders (seeingthesystem.com)
8 points by TinyBig 3 days ago | 2 comments


Tariffs continue to be a major topic of debate. The author examines what happened to countries that closed their borders and protected domestic industry with the promise of strength and self-sufficiency. The historical record is surprisingly consistent.

Strange to leave out successful modern examples like China, South Korea, Japan, Germany until they decided to destroy their industry for green goals etc.