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[Marxism] Krugman on the Britsh Empire




In Paul Krugman's New York Times column today, he says, "China acquired its $2
trillion stash--
turning the People's Republic into the T-Bills Republic--the same way Britain
acquired
its empire: in a fit of absence of mind." I found the part I put in bold
mind-boggling.

Maybe that is the way the nobility and the merchants took possession of peasant
land

in Britan proper too.



Michael Yates
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