As I recall, the money mostly went on stopping Germany
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19th century was before ww1
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Britain was only eclipsed in the 20tu century
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America Germany France and Japan were all trending to pass UK if worlds wars did not break out. Germany especially
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Roman Empire, British Empire, Soviet Union. Over spending on military always leads to collapse eventually.
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imperialism has the same problem as socialism: eventually you run out of other people's money.
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the US got into the industrial revolution late but stole heavily from british industry, also like China is doing to US today
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China is also growing their empire by using tax revenues to build a huge navy to take over the Pacific.
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I'm sure Britain thought they were growing their economy too like in previous 200 years of colonization and looting
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only if by empire money you mean wars outside of US
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The US spent a lot of $ on Empire in the 19th c too (eg $250 mil Louisiana purchase, Civil War, CA, TX...); had more room for growth
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this is articulated well in Simon Winchester’s latest book about the Pacific.
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China is also building an empire, new islands and a military, it just doesn't start costly, endless conflicts paid w/ national debt.
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@calisthene there is a stronger parallel http://m.huffpost.com/us/entry/713521 The US was expanding in the 19th Century.
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@oleganza Demography makes this analogy useless. Thinking in term of nation states is also short sighted. Think human development.Thanks. Twitter will use this to make your timeline better. UndoUndo
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The U.S. was running an empire in the 19th century already?!
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@paulg@mwlauthor And stealing their technology.Thanks. Twitter will use this to make your timeline better. UndoUndo
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