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Yep - its like pushing on a string. But recycling of surpluses from surplus countries to deficit countries isn't going to happen to a significant degree while the main locus of power is at the nation state level. That's partly what Brexit (and other right wing nationalist movements) is a rebellion against - preventing a small part of the UK's surplus  being used to help deficit countries - even though the UK's overall economy is much enhanced by having access to deficit country markets...

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by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Thu Jun 27th, 2019 at 10:24:11 PM EST
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