Icelandic people are inbred. And they have a sense of themselves as genetically special, and a history of risk-taking because they make their living on the high seas fishing. Assets generally rose in value during this period, and so it looked like they actually knew what they were doing.
The Netherlands and the UK are both seafaring nations and so our ability to create jobs and to generate future growth is built on the free market.
This new global economy, it's all based on the sea routes.
Trade carried by sea has grown fourfold since 1970 and is still growing. In 2011, the 360 commercial ports of the United States took in international goods worth $1.73 trillion, or eighty times the value of all U.S. trade in 1960.
There's not a ship that sails the ocean, But every climate, every soil, Must bring its tribute, great or small, And help to build the wooden wall!
More being produced and imported than we can spend here, we export it to other countries in Europe, which brings in money or the growth of those countries, which is the same thing. And this is Ito] the advantage of the English merchants and seamen
Denmark is a small nation of five million people, but our economy is completely dependent on our commercial fleet. Every family has some connection to it.
Denmark is a country built on a commercial fleet. That's basically what we have been doing. We're just a small country of islands, and every family has a sailor.