Growing trade deficit is selling the nation out from under us (2003) [pdf]

So, you don't want to have "the world" own shares of american companies?

Okay, let europe just sell all their stocks and ETF. But also, let them build alternatives to all american products. Let them keep the money they are spending for their Windows and Office licenses, their Netflix and Disney plans. Let them no longer create ad revenues on youtube. Let them buy korean Samsung phones instead of american iPhones.

Would that be a good deal for the american people?

Yes? If the American consumer can benefit from more competition and has the ability to subscribe to British Netflix (Brit box?) and French HBO, and the existing monopolies had to work a bit harder for subscribers, that could be an improvement.

Interesting take. I would love to see more competition in the smartphone OS market for example, but the problem is that at the same time, the tariffs kill international competition…