What’s really happened is we’ve had our global dominance thrown away. We took the lead because of WW1 and WW2. It’s not because we’re great. It’s not because we manifested our destiny to become the leader of the world. It’s because factories in Europe were bombed to smithereens. That’s what allowed the U.S to achieve financial dominance. Now we’re in the fall.
What’s really happened is we’ve had our global dominance thrown away. We took the lead because of WW1 and WW2. It’s not because we’re great. It’s not because we manifested our destiny to become the leader of the world. It’s because factories in Europe were bombed to smithereens. That’s what allowed the U.S to achieve financial dominance. Now we’re in the fall.