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The US got to be a dollar-pringing superpower because of its commitment to economic growth. If you look at places with easy firing, I think you’ll find they ar
by FredPret 3y ago
The US got to be a dollar-pringing superpower because of its commitment to economic growth.
If you look at places with easy firing, I think you’ll find they are growing extremely rapidly. Vietnam and China used to be the poster children for kids making sneakers and look at them grow today.
- davisoneee 3y agoThe US got to be a superpower because of 2 world wars and massive purchasing of US armaments by the allies, effectively transferring British Empire wealth across the water, kickstarting large local manufacturing, and being a safe production hub after the wars.
- FredPret 3y agoOnly militarily did the US become a superpower in WW2. I was an economic powerhouse long before then. The 1930's US stock market crash brought down the entire world! As another point, it's not possible to make a ton of money selling weapons if you don't already have a thriving manufacturing sector. You have to at least be doing well to begin with. According to [0], the US reached parity with the UK (probably the richest country in Europe at the time?) in terms of GDP per capita in 1880! [0] https://www.rug.nl/ggdc/historicaldevelopment/maddison/releases/maddison-project-database-2020?lang=en https://www.rug.nl/ggdc/historicaldevelopment/maddison/relea...