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Another Establishment Myth:
Economic Interdependence

(Originally published by jtfarchive.org on February 3, 1999)

If America is really so dependent upon trade with the rest of the world, as the Establishment "experts" are constantly telling us, then why was America's economy booming a couple of years ago when Asian, Latin American and Eastern European economies were suffering a devastating depression?

We often hear the "One World" advocates in the news media, academic circles, the business community and politics tell us that the world is so interdependent that America cannot survive as a nation unless we obliterate our national sovereignty. This argument is used even more intensely in regard to tiny Israel, which we are told could never survive without trade and good relations with the rest of the world.

Although universally accepted as fact, this "internationalist" dogma can decisively be proven false by recent developments in the world economy.

Economists, journalists, "think tank" professors and politicians were unanimous in insisting that if the Asian economy went into recession, the American economy would be severely harmed. Until recently, the economies of Japan, South Korea, Thailand, China and other Asian trading partners were not in recession but actual depression. All of the "experts" were amazed to see that this Asian depression actually strengthened America's economy, the diametric opposite of their dire forecasts.

Asian markets were indeed purchasing fewer American products, thereby hurting the profit margins of multinational corporations. However, the loss of Asian competition greatly strengthened the rest of the American economy.

What we see here is a clash between the interests of traitor multinational corporations, who could not care less about this country, and the interests of America as a whole. The more the Asian economies and the multinationals are hurt, the better the truly American-based businesses seem to do.

So if the vast majority of Americans are benefitting, while just a handful of multinational billionaire titans are suffering lower profits, why did the former Clinton Administration and the Republican Congress always look for ways to defend the multinational corporations against the best interests of the American people?

What is true for Asia is also true for Latin America. Brazil is suffering a devastating economic crisis that has created a loss of confidence throughout Latin America. Yet in the face of this news, the American economy has not been negatively impacted.

This is not the way the "experts" told us it would be. All of the advocates of NAFTA and other trade agreements that endanger American independence assured us that America's economy would rise and fall on the basis of how foreign economies perform. The opposite has occurred.

And we see the same in Russia and Eastern Europe. The Clinton-Gore panic over these economies was not predicated upon fear of what would happen to average Americans. It was predicated upon concern about the profit margins of multinational tycoons, who control both of our major parties.

There is also a lesson here for little Israel. Everyone always tells Israelis that their economy can only prosper if they make suicidal territorial concessions and thereby avoid international economic pressure. In reality, when Israel decides to build an economy based on self-sufficiency rather than cheap Arab Muslim Nazi imports or on unbalanced trade agreements with Europe, Israel's economy will also be booming.

Destroy all Arab terrorist infrastructures and turn Israel into a truly Jewish State and you will see an Israel that will reach her economic zenith in spite of, or perhaps due to, the foreign boycotts that these actions would generate.

Why is it that only JTF brings you these facts and this information?


Jewish Task Force
Permanent Feature Articles!

Fighting to save
America and Israel
from the Third World hordes!

Click HERE for the jtfarchive.org Home Page!