4 ms·
Were bad things happening in 1990? Iirc it was the start of one of the most prosperous periods in recent American history.
by foota 5y ago
Were bad things happening in 1990? Iirc it was the start of one of the most prosperous periods in recent American history.
- fauigerzigerk 5y agoThe 1990 oil price shock occurred in response to the Iraqi invasion of Kuwait on August 2, 1990 https://en.wikipedia.org/wiki/1990_oil_price_shock https://en.wikipedia.org/wiki/1990_oil_price_shock
- deleted 5y ago[deleted]
- m4rtink 5y agoSoviet block and its client states disintegrating.
- piva00 5y agoUSSR disintegrating after 91 and the opening up of markets around the world from the wave of neoliberalism helped a fucking lot, movements such as Latin America slowly dropping its market-protection practices, former Soviet states adopting free market ideologies and so on created quite a high demand, it was the start of globalisation as we are used to nowadays. Most of the most prosperous periods in American history are following large shifts in the world order, WW1 and 2, collapse of the USSR, starting the Age of Information, etc.