RE: Islam slave trade
November 3, 2019 at 8:18 am
(This post was last modified: November 3, 2019 at 8:18 am by Dmitry1983.)
(November 3, 2019 at 8:02 am)AtlasS33 Wrote:(November 3, 2019 at 7:42 am)Dmitry1983 Wrote: I don't understand how wars that destroy wealth can cause prosperity.
Western prosperity is consequence of capitalism. Japan, South Korea, Taiwan, Singapore don't have any natural resources, they copied western economic system and became rich.
It's called "natural resources". Without the oil of the Middle East; there will be no strong Dollar. Without a war economy; the western world will fall in minutes.
Natural resources have nothing to do with prosperity. Africa is rich in natural resources but its population is extremely poor. Japan doesn't have any natural resources.
Dollar as reserve currency adds very little to US consumption.
US military spending is 3% of GDP. It's not a war economy.