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That seems like a baseless assertion. For all you know the country that maintains naval supremacy and control of access to oil reserves will lead the world eco
by kingkongreveng_ 17y ago
That seems like a baseless assertion. For all you know the country that maintains naval supremacy and control of access to oil reserves will lead the world economy.
- rrhyne 17y agoThe last two wars pretty much prove it's more expensive to control oil rich countries than to spend dollars on home grown energy, which boosts your own economy at the same time.
- kingkongreveng_ 17y agoBush style invasions and assertive control of shipping lanes are two very different things.
- jeromec 17y agoBaseless assertion? Those are President Obama's sentiments, although I happen to agree with them. Energy is an important part of any economy. I don't think you'd find any credible economist say finding innovations in energy would not likely yield noticeable economic effect, not to mention the compound benefit of foreign sales and investment, as well as jobs from the new industry. As for naval supremacy, I believe that's currently the U.S., but in case you haven't noticed we're still pretty vulnerable to economic problems.