Friday, July 22, 2011

European Economies

© MMXI V.1.0.7
by Morley Evans

At the end of the 19th century, Great Britain was worried about the new country that Bismarck had created out of the ancient Holy Roman Empire which Napoleon had destroyed at the beginning of the 19th century.

Today, Germany is where it would have been had World Wars I and II never happened. Once the world's dominant economic and military power, today Great Britain (so-named by James I, 1603-1625) is behind Germany and France and slightly ahead of Italy which is followed by Russia.

The United Kingdom has been playing the very junior partner to the United States in world domination since 1945. Taken as a whole, Europe's economy today is much larger than the United States, despite having been devastated by two world wars, Soviet Communism and living under the American thumb since WW II.

The twentieth century — history's greatest bloodbath by far — was a complete waste of resources, energy, time and lives, proving nothing is gained by war and emphasizing that crime does not pay. War has become the dominant industry of the United States of America as other industries (and jobs) have left for more competitive countries (such as China, Japan and even lowly Mexico) while prideful Washington lives on borrowed funds and borrowed time as it continues to play the losing game of global bully.


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