Why? Seapower!
And we still have the most powerful military. Again, these are real
macro factors. But if you look at 200 years of history, sea power — the
correlation between who controls the seas has a huge impact on economic
growth and prosperity. Because when you think about it, still 94 percent
of all trade occurs over the oceans. So us having the most credible
navy is a positive factor.
Bryan McGrath
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