countercurrents.org
The Dilemma of the American Economy – Countercurrents
After the destruction of the European as well as many Asian industrial infrastructures and economies due to WWII, the American industry and technology dominated the world. The US became the strongest global economy. Yet, with the rebuilding of European and especially of Asian economy with relatively cheaper labor force, competition against the American economy became tougher. To maintain its unique[Read More...]