Englands Financial Supremacy a Translation of Die Englische Finanzvormacht E
Englands Financial Supremacy a Translation of Die Englische Finanzvormacht E
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In our eReader you can find the full English version of the book. Read Englands Financial Supremacy a Translation of Die Englische Finanzvormacht E Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Englands Financial Supremacy a Translation of Die Englische Finanzvormacht E
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' These are truths which England is only just beginning to realise. Now it makes a very great difference, especially to the future, whether one lives on the realisation of investment abroad, like England, or on one's own internal resources, as Germany is obliged to do. The German method will make a complete re-stocking of our empty warehouses sooner or later an absolute necessity, and will lead to an unparalleled outburst of national energy. The English method is not likely to have any such res...ult, since the loss to national wealth is not so clearly emphasised.
For another reason the length of the war is of decisive importance to England's future. England is waging war with the immense stores of munitions purchased abroad, so immense that she cannot pay for them at the moment. In consequence, she is piling up heavy debts to foreign countries. In the earlier months of the war this was not necessary. It was possible to pay for munitions by selling securities and by sending gold. But both these methods are very Limited.
What to read after Englands Financial Supremacy a Translation of Die Englische Finanzvormacht E?
You can find similar books in the "Read Also" column, or choose other free books by Garton Foundation to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
' These are truths which England is only just beginning to realise. Now it makes a very great difference, especially to the future, whether one lives on the realisation of investment abroad, like England, or on one's own internal resources, as Germany is obliged to do. The German method will make a complete re-stocking of our empty warehouses sooner or later an absolute necessity, and will lead to an unparalleled outburst of national energy. The English method is not likely to have any such res...ult, since the loss to national wealth is not so clearly emphasised.
For another reason the length of the war is of decisive importance to England's future. England is waging war with the immense stores of munitions purchased abroad, so immense that she cannot pay for them at the moment. In consequence, she is piling up heavy debts to foreign countries. In the earlier months of the war this was not necessary. It was possible to pay for munitions by selling securities and by sending gold. But both these methods are very Limited.
What to read after Englands Financial Supremacy a Translation of Die Englische Finanzvormacht E?
You can find similar books in the "Read Also" column, or choose other free books by Garton Foundation to read onlineMoreLess
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