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Notes -
I think that you're confusing nation-states with national sovereigns. National sovereigns are the people who rule a nation-state. Nation-states are not agents in their own right and so cannot internalize costs at all. There is, at best, an extremely attenuated connection between the events that you're describing and the fortunes of the people who rule the countries that they happen to, as history amply shows.
Ok. If you are specifically talking about the people who rule nations, I can agree with you that cost externalization is rampant on the basis of the many nations that have been financially ruined by their wealth-extracting elites.
However, there are whole categories of private proprietors whose business models are explicitly extractive. Notice how most of the pre-Covid profit of large corporations was due to "financialization," which translates to roughly "taking out low-interest loans on our assets, guaranteeing short-term profits." You may also notice how most private equity deals are structured to merely externalize long-term costs onto subsidiaries (and other investors) while extracting short-term profits, or how whole sectors of the economy will lobby for special protection. What is a farm/CHIPS subsidy, if not externalizing the cost of business?
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