
2024:05 Protecting Global Trade - the Economics of the Houthi Problem
The David McWilliams Podcast
00:00
The Historical Significance of Maritime Powers and the Role of the American Navy
This chapter discusses the historical significance of maritime powers in relation to wealth and trade, highlighting how nations like Portugal, Spain, Netherlands, and Britain became wealthy due to their large navies and the protection they provided to merchant ships. It also focuses on the role of the American Navy in protecting the high seas and the importance of global trade.
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