3 ms·
Second world war pretty much made Europe much poorer than US. At the same time, Silicon valley a) was not wrecked by war b) had extravagant funding by US state
by fsloth 6y ago
Second world war pretty much made Europe much poorer than US. At the same time, Silicon valley a) was not wrecked by war b) had extravagant funding by US state c) had direct access to the (already then) remarkable US market.
So it's not just the current conditions, need to look at history as well.
- hef19898 6y agoAnd the marschal plan laid the basis for the German Wirtschaftswunder and made Germany the industrial powerhouse it was for quite a long time.