From: Adam Flinton 

Geo wrote:
> "Adam Flinton"  wrote in message
> news:42db7ce4$1{at}w3.nls.net...
>
>
>>>How intertwined could economies have become in 1914? I mean compared to
>>>today?
>
>
>>i.e if you have an agree ment to trade with the BE then from the
>>Solomons to Vancouver to Johannesburg etc.etc. are all covered.
>
>
> Yes but that's just trade, it doesn't really mean that the economy is
> dependent upon it like todays economies are.

Just trade? If you are dependant upon another for something which you
acquire by trade is that any different then as now?

> Trade is one thing, stock
> markets and financial markets are another. ie, would a change of interest
> rates in one country made much cross border differences in 1914?
>

Dependant upon the country very much so (just as now). i.e if Gabon raises
it's interest rates what is the global impact?

If the British Empire raised it's rates then yup global impact.


Adam

--- BBBS/NT v4.01 Flag-5