So here is my dilemma. We import all food and goods, too small for agriculture. Our main economy is built on financial services and tourism mostly. Our social safety net and most of our let’s say, liberal left leaning policies are being eroded as time goes by, which is not ideal, but is still better than nothing I guess.
However, since we trade our service based economy for essentially everything else, how does socialism help a nation so dependent on the world around it being capitalist to survive?
You know that Cuba, China and Venezuela don’t only trade with other socialist countries right? Actually I’m glad you brought up Venezuela, because their biggest trading partner is literally the USA, the same is true for China, but they’ve got several other large partners besides the US. International trade is something that happens regardless of your government’s political leaning, and nearby nations will always prefer trading with each other due to simple pragmatism, unless there is an exceedingly rare situation, like war or severe embargoes.