Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (64769)	4/4/2018 11:09:58 PM
From: combjelly	Read Replies (1) \| Respond to of 361168

Apples and pineapples, though. Those countries were significantly different from their modern counterparts. Military equipment was much simpler and cheaper and less training was required, for example. The communication infrastructure was cheaper, transportation infrastructure was cheaper, life expectancy was lower and the countries were much poorer. The countries were much less complicated and the tolerance of sudden death was much higher. It is like to run a city costs more per capita than a rural area. But there is greater wealth per capita in a city, too. In that respect, it is similar for a country. The costs are higher, the services more extensive, but that also generates greater wealth. Which is why I say your claims are not obvious. There is a correlation between costs and complexity. Like there is a correlation between complexity and wealth. The less complex the country is, the less wealth there is for anybody but the elite and/or ruling class.