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#199 Do UK investors have reasons to be hopeful?

Word on the Street

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Is There Any Truth in This Arms Race Idea?

War is bad, simple as you just made that point very clear. However, there is something in this kind of competition idea that's interesting from an economics perspective. We've pointed before to the extremely powerful union formed during the Cold War in the US between companies, universities and the state. China looked a lot more promising for the ultimate take off economic take off throughout the Middle Ages than Europe did.

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