Why America's economy is soaring ahead of its rivals
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Re: Why America's economy is soaring ahead of its rivals
#2Re: Why America's economy is soaring ahead of its rivals
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Re: Why America's economy is soaring ahead of its rivals
#4> the improvement was largely down to reconstruction efforts partly funded by the US via the Marshall Plan
Most of the improvement was in Germany, which received far less MP money than Britain and France.
Postwar prosperity correlates with the level of free markets. Germany embraced free markets up until 1970, Britain and France did not.
Re: Why America's economy is soaring ahead of its rivals
#5The US is a great place to make a lot of money if you're lucky and successful, but a terrible place to retire.
Re: Why America's economy is soaring ahead of its rivals
#6The US is a great place to make a lot of money if you're lucky and successful, but a terrible place to retire.
How so? Healthcare? FIRE seems much more attainable in the US
Re: Why America's economy is soaring ahead of its rivals
#7> the improvement was largely down to reconstruction efforts partly funded by the US via the Marshall Plan Most of the improvement was in Germany, which received far less MP money than Britain and France. Postwar prosperity correlates with the level of free markets. Germany embraced free markets up until 1970, Britain and France did not.
They served as bases to spread the American culture through music and cinema and later with the industry through the coal and steel community, to create a single and unified market
The US did not want to create competition, but to break monopolies and to create a unified market for its industrial complex
The remnants of that goal are visible today with Big Tech
Re: Why America's economy is soaring ahead of its rivals
#8The US is a great place to make a lot of money if you're lucky and successful, but a terrible place to retire.
If you save & invest for retirement, you'll be fine.
Re: Why America's economy is soaring ahead of its rivals
#9Re: Why America's economy is soaring ahead of its rivals
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