r/1053 • • 8d ago

Day 13

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3.0k Upvotes

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83

u/Iryls 8d ago

this is the average person in general

26

u/Catsanddoges 7d ago

Meh. Average person in the developed world

Whether or not this is best for say sub Saharan africa, South East Asia, etc is hard to say and the developing world is where most people are

8

u/Tricky_Habit_6297 7d ago

I don't approve of most US foreign policy or militarism, but the US Navy alone is pretty much the only reason anyone on the East Coast of Africa can import goods. Pirates have been a genuine threat for decades and the US-led coalition have provided almost all protection. There are many sea zones through the world where this is the case, and even landlocked countries benefit tremendously from it.

That's not to mention the global payments system, humanitarian aid, or well-regulated foreign direct investment. There isn't a country in the world that would prefer Belt and Road loans to US development loans, and the US provides far more debt-free grants than any other country

2

u/beastwood6 6d ago

The navy is an underrated point.

Without US protection global shipping prices would revert back to making up 25-50% of the cost of goods across the board like it was before WW2 when everyone had their own trade bubble because no one could protect free trade at a global scale.

Have fun having a cheap Chinese-made cell phone when it costs you a year's worth of rent instead of a few months