Bratwurst Boy
20 May 2019 #421
Hey, economic geniuses, what you are saying is that if ships were not invented to transport things across the oceans, "America" would just not exist...
Well...since the most widely accepted theory speaks of the first Americans being east-asian hunter and gatherer walking in by foot over the Bering Street around 35.000 years back it would be plausible that without the invention of ships there wouldn't exist a USA as we know it today.
Without imports the US as we know it today wouldn't exist either...rather sooner or later the unemployment would rise dramatically, many people would lose their jobs, everything imported would now need to produced in the country (with less quality if necessary), the prices would rise, many products would just not be available anymore etc., the country would resemble more and more some backwater poor house and loose everything which made it rich and famous.
But in one case you might be successful, a poor backwater country, falling behind economically and scientifically most probably led by an opressive dictatorship (because there is no other way a majority of the people will vote for a purposely done impoverishment), you will lose most of the glamour which makes you so attractive to foreigners.
People will rather now want to leave the US, you won't attract immigrants anymore...if you want that, that's the way.