Comments by "David H" (@DavidHalko) on "VisualEconomik EN"
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“Do you think small countries will establish themselves as…”
The current situation where a large country, like the United States, spends its treasure to safeguard trade routes, for no tax, is an anomaly in history.
The day the US fails, due to debt crisis & internal political struggle from centralization of power [vs decentralization of power via Federalism] will be the end of the significance of small countries being able to be independent.
Then, the norm occurs, with Islamic Caliphates conquering, British & French & Russian Empires, Byzantine Empire, Roman Empire, various Chinese Empires, etc.
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@Omer1996E.C - “gdp shrinks when it is taxed” - but it makes the conquerors rich, so the can invest & build, when they would not have the capital to do otherwise in their economic system.
Foreign non-Muslim civilizations were forced to pay protection taxes (effectively Jizya) and that became a direct injection of funds into the conquerors, increasing GDP.
The U.S., for example, when they became independent from Europe, disbanded their armed & naval forces, because they planned on being peaceful citizens of the world & never get involved in European affairs. Well, that lasted as long as the first Islamic Pirates, whose pirates ships captured & held them for ransom. The Islamic nations took huge sums of money from the US treasury… about ~50% to cover the US for the rest of that year! THAT is some nice GDP! LOL! The US fought 2 wars over it. In the end, it was Islamic Pirating that caused the US to create The Marines & maintain a standing army. All to avoid the yearly Jizya.
Furthermore, sacking & raiding caravans & ships from foreign civilizations increase conqueror GDP since those losses were absorbed by the foreign civilizations being stolen from. In the end, it was this action that caused Gengis Khan to invade Central Asia, Middle East, and Eastern Europe. Islamic GDP boost eventually had its disadvantages.
Islamic empires always had imperial conquests for exploitation. The Arab Slave Trade took their Black Gold from Africa, eunuchs were valued higher than non-eunuchs (because so many slaves died when cut & buried to their necks until the fever passed.) Ottoman Turks took a percentage of the most fit children from Eastern European Balkans for their slave armies, to die in battle against future conquests. The Persians took fit children from the Caucuses, for their slave armies, to fight against their conquests.
Perhaps Islamic law prohibited unjust exploitation, but if the population being exploited were Kafirs, it was considered just. And there in is the problem. Once they run out of Kafirs to exploit, they had to expand their exploitation to find new ones. We saw this in North African conquests… North Africans were told to pay the Jizya, they said they were Muslims and did not have to pay. They were continually charged until there were revolts. Then, they got into the business, and decided to conquer farther west & across the straight to the Iberian Peninsula.
Islamic conquerors just could not get enough of the booty & Jizya from conquered people groups, until they were forced not to, then their economies ceased growing quickly.
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@bjjkickboxing7876 - honestly, I am less concerned about theories, like some YouTube publishers are.
Hydrocarbons are located in the Caribbean, at the poles, etc. Liquid form can be extracted from the CO2 in the air, and people don’t like that energy & organic compounds will be so difficult to control, once it is no longer escrowed under the earth.
Hydrocarbons are everywhere. It has been seeping out of the ground since the days of Noah, where ancient writers wrote about early uses to waterproof wooden structures.
Hydrocarbons come in convenient universal forms, to hold the naturally recyclable precursor for energy & nearly all manufactured end products used by humanity… from heating homes, to cooking food, from clothes we wear to the carpets we lay on, from dashboards on cars to the roads we drive on.
That universal liquid form, once it can not be found naturally, will be manufactured… because it is so easily piped, held in tanks, and can be changed from a liquid state into any basic form like long threads and even printed into objects using 3D printers.
Any talk of oil running out is not only willful ignorant, but honestly a petty scare tactic, and demonstrates a degree of scientific misunderstanding that dates back to the stone ages.
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