Monday, May 7, 2018

Why War? The Morons at the Top Refuse to Realize What Real Wealth is in 21st Century



As this great article showcases (one needs to read it all to get the context .. a 2 min read), war to gain land is no longer a preferred paradigm .. I think Russia is ahead of USA on this wake-up call.

"...With the end of World War II, what has been proven is that gold is no longer MONEY that constitutes the Wealth of a Nation, it is, in fact, the total productive capacity of the people. Proof of this statement is the rise of Germany, Japan, and China have all accomplished the rise in economic stature not because of its possession of gold or even natural resources, but the TOTAL capacity of its people to produce what it has as a comparative advantage in the world of commerce. Now the UAE and Saudi Arabia have woken up. They realize that what has made their nations wealthy was selling oil to everyone else who used it to enhance their production of whatever that was their comparative advantage. ...

Therefore, the only rational explanation becomes clear. War has become obsolete. The days of Empire Building are no longer viable because we realize today that land does not equal wealth. We can even grow food indoors in warehouses of cities. Agriculture has itself gone through a cycle of evolution. So the USA has no interest in invading China or Russia and occupying their land. Nobody wants the management problem. It appears that war has devolved from economic gain to just two drunks in a bar who want to fight for no particular reason that one looked at the other the wrong way and did not even say a word.

If the wealth of a nation is the total capacity of its people, then why send your boys off to war when there is no longer any economic gain? By reducing your population, you actually reduce the wealth of a nation. Interesting how things have evolved over the centuries."

From: https://www.armstrongeconomics.com/world-news/war/has-war-become-obsolete/

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