• shawn1122@lemm.ee
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    8 days ago

    Canada is a relatively small country. Strategic partnerships are going to be critical moving forward but creating some distance with the US is a crucial first step as it is no longer a reliable trading partner.

    The US was by far the greatest financial benefactor of WW2, in part due to geographic isolation, allowing it to sell weapons to its allies without having its factories destroyed by warplanes, which in turn allowed it to collect 80% of the world’s gold supply and set its currency as the global standard. As a nation, it played its hand / leveraged its newfound wealth exceptionally well in the post WW2 period.

    It made sense to have a strong trading relationship at the time, given the proximity and that the war allowed the US to amass a disproportionate amount of purchasing power.

    It seems that the US has decided it does not want to lead the world any longer, despite its economic might. Hopefully there is good that can come of that.

    • Aceticon@lemmy.dbzer0.com
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      7 days ago

      Did you really mean the US as greatest “benefactor” of WW2 (as in, helping others) or as greatest “beneficiary” of WW2 (as in, gaining from it).

      Because it looks a lot like the latter since in helping others the US was mainly helping itself and that help didn’t come for free (for example, the UK only finished paying the debt to the US from that “help” in, if I’m not mistaken, 2012), plus the US gained its superpower status exactly from, as you pointed out, still having their factories and selling weapons to its allies.