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A comment on Global capital is the tail that wags the U.S. economic dog. Parent comment

Re:Global capital is the tail that wags the U.S. economic dog by elsonrodriguez on Friday October 02, 2020 @12:48PM (#24664469)
We've been able to move money virtually ever since the knights templar.
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Re:Global capital is the tail that wags the U.S. economic dog by dpoochieni on Friday October 02, 2020 @01:40PM (#24664997)
Yes but the actual settlement was much slower, which put a bound on it. Plus, the risks involved were way higher due to speed of communication. One might easily own businesses in different countries today, but at 100 years ago. One needed to partner up which lead to a sharing of profit.
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