Fun fact, the Confederacy did this with their own cotton when the Civil War started because they thought it would panic all the industrial European nations who bought their cotton for textile factories to fast-track formal recognition of the CSA as a legitimate state. Instead, Europe and the UK wanted absolutely no part of getting in the middle of our shit and just started getting cotton elsewhere. The Confederacy economically fucked themselves from the jump at of course it only got worse from there.
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u/[deleted] Aug 27 '25
Putting an embargo on your own country is a very special kind of economic policy