And my theory is that the US only looked good because there were no competitors: Break up of the Soviet Union left the constituents without economies of scale. Similarly European markets were still desperately fragmented. China was growing, but from a low base.
So capital flooded to the US.
So we all have our own theories.
The real question remains "What's best for America right now ?"
alt Hacker News
And my theory is that the US only looked good because there were no competitors: Break up of the Soviet Union left the constituents without economies of scale. Similarly European markets were still desperately fragmented. China was growing, but from a low base.
So capital flooded to the US.
So we all have our own theories.
The real question remains "What's best for America right now ?"