2min chapter

The Remnant with Jonah Goldberg cover image

Down in History

The Remnant with Jonah Goldberg

CHAPTER

The Causality of Dollar Diplomacy

A lot of the stuff about quote unquote dollar diplomacy gets the causality backwards. American business then were not interested for the most part in what was going on in Latin America. They did 80 to 90% of their overseas trade with Europe, the rest of it with Japan. That's how it's been turned around and was turned around by critics at the time.

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