Reply to post: Re: A winning strategy?

RAF shoots down 'terrorist drone' over US-owned special ops base in Syria

Anonymous Coward
Anonymous Coward

Re: A winning strategy?

Many pre industrial wars were restrained by the ability to pay for them

Yes, it's tempting to think of interest rates, bonds and investment as being a modern day phenomenon, but I remember reading that one of the deciding factors behind the (mostly) successful English military escapades of the middle ages was that they were considered a safer bet economically, so it cost them far, far less to borrow money to pay for armies and navies then it did for their various adversaries...

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