Cinco de mayo

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RF
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Re: Cinco de mayo

Post by RF » Fri May 08, 2009 7:44 am

JtD wrote: I didn't say that economy is a means to do war, it is a type of warfare on it's own.
Only in a mercantilist sense.

Large free enterprise economies live on trade, and protectionism and war is their enemy. This is why Germany and Japan have enjoyed such rapid economic growth since 1945, they are much better off pursuing that path than one of supra-nationalism and conquest.

Britain did lose a lot in WW2. bUt even without an empire Britain today has the world's fifth largest economy, the second largest in Europe and is able to largely bankroll the European Union.
''Give me a Ping and one Ping only'' - Sean Connery.

JtD
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Re: Cinco de mayo

Post by JtD » Fri May 08, 2009 3:38 pm

How much of Britains industry is still British? Just curious.

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RF
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Re: Cinco de mayo

Post by RF » Mon May 11, 2009 7:41 am

Are you asking about Gross Domestic Product or Gross National Product?

A lot of the businesses in Britain are partly or wholly foreign owned. British business is the biggest single inward investor in the US, and has some of the world's largest companies, the world's largest insurance and underwriting markets. This is largely through international capital flows and the globilsation of the world economy.
''Give me a Ping and one Ping only'' - Sean Connery.

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