No. The united states proved that as the sole remaining postwar economy, it could pay for the international system of finance and trade by imposing it by force on the world, after inheriting the british empire’s role of doing so.We no longer can afford to. Everyone has caught up.
Source date (UTC): 2018-03-17 15:50:34 UTC
Original post: https://twitter.com/i/web/status/975036682079756288
Reply addressees: @Jory_Nal
Replying to: https://twitter.com/i/web/status/975035636569772034
IN REPLY TO:
@Jory_Nal
@curtdoolittle Historically empires arose as a means to regulate trade by sea or long vulnerable land routes.
UK in 20th century proved that many small countries could still follow common law, protect sea trade, respond in coordinated way to disaster, without one big Navy. But…the Falklands.
Original post: https://twitter.com/i/web/status/975035636569772034
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