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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: shades who wrote (48884)3/29/2006 3:53:28 PM
From: Elroy Jetson  Read Replies (1) of 116555
 
The territory the Phoenicians dominated was the water of the Mediterranean and the North Atlantic including modern England and France.

Although the Phoenicians did not interfere with others involved in local sea trade, like a powerful FedEx they tried not to allow competitors on their more profitable long-haul routes.

This was relatively easy, as no other civilization at the time possessed the scale of ship technology the Phoenicians had, based on the cedars of Lebanon.

The Phoenicians enforced a monopoly particularly on their tin trade with Cornwall UK, and goods transport from the east to west end of the Mediterranean. In this sense, the "empire" they occupied was the ocean. This is a less costly empire to maintain than those desirous of occupying vast tracts of ground and the people who live there.
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