The US went soft over the decades in economic competition with Europe, Japan and the USSR.
Europe had to rebuild itself after World War 2 and then Europe had more regulations and less willingness to rapidly change and innovate.
Japan was a strong competitor for a while, but then Japan had decades of stagnation. Japan also has an aging and now declining population level. The USSR and now Russia always had massively flawed economic systems. Finances, decision making and execution speed and aggressiveness in business The US out-hustled Europe.The USA produced nearly 50,000 Sherman tanks in WW2. More tanks than Germany […]
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