A Quote by Kate Williams
Throughout the 19th century, Britain bought cheaply from the countries of the empire and compelled subject countries to buy our goods at high prices.
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A considerable proportion of the developed world's prosperity rests on paying the lowest possible prices for the poor countries' primary products and on exporting high-cost capital and finished goods to those countries. Continuation of this kind of prosperity requires continuation of the relative gap between developed and underdeveloped countries - it means keeping poor people poor. Increasingly, the impoverished masses are understanding that the prosperity of the developed countries and of the privileged minorities in their own countries is founded on their poverty.
The U.S. tends to export high-tech goods because we have strong comparative advantage there, and we tend to import labor-intensive and less skill-intensive goods that other countries can do more cheaply.
Britain in the 19th century was two things simultaneously; the hub of the largest empire on earth and the greatest manufacturing and trading nation the world had ever seen. Yet the formal empire and the trading empire were not the same thing.
In fact, when the fires of empire get hidden, they still stay burning underneath the moss, seething away. This is true with a lot of the countries with really difficult, impenetrable nationalist movements - countries that once had a big empire, like Turkey, England, or even in Italy, with the fascists in the middle of the last century. People who had empires, unfortunately, want them back eventually, somehow, someway.
My guess is the big Chinese banks will be in 100?countries by then. They will have very sophisticated operations, and they may very well have bought banks around the world in countries that allow it. I mean, I don't think the American government would allow them to buy JPMorgan. But they will be able to buy a sizable big bank in the U.S. at some point. Whether they do or not, or if it's allowed or not, I don't know.
Unemployment is due to the large import of goods from Britain and other countries. The Government haven't used the powers which they have for the benefit of the country.
If the Chinese can't buy U.S. products, they'll buy them from European countries and then develop stronger economic ties with France and Germany and perhaps side more with those countries when international issues flare up.
Even the building of a second British empire in the 19th century never fully healed the wound of losing America, and the end of Britain's imperial prestige after the second world war has cut deeper.
Colonialism is an idea born in the West that drives Western countries - like France, Italy, Belgium, Great Britain - to occupy countries outside of Europe.
Britain has still got rather fewer astronomers than many other countries - the French and the Italians, for example. Why is that? I don't think those countries have better brains.
There is more opportunity nowadays at easier and better prices than ever before. I have businesses in probably fifty countries throughout the world and it's never been easier to do business throughout the world. Never. I don't know what people are complaining about.
Rich countries want unfettered access to poor countries' markets, which are often heavily protected by tariffs, but they don't want to give up all the protections for their own goods and services.
This is different than every other Ebola situation we've ever had. It's spreading widely, throughout entire countries, through multiple countries, in cities and very fast.
I don't see why OPEC countries should continue to cut production just to keep the price of oil high. This will not affect the industrial countries alone, it will also hit poor countries in Africa, Asia and Latin America. Who will look after them?
The high number from the Middle East is only coincidence, he said. It is no particular choice on our part, ... We accept visa trainees from those countries. We'd accept them from other countries, too, but we don't get their applications.
Countries such as Iraq, Iran, Libya and Syria, which support terrorist organizations and use terror to achieve their objectives, are precisely the same countries working tirelessly to acquire weapons of mass destruction. This combination creates a new dimension to the threat on our way of life in the 21st century.
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