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by davisoneee
772 days ago
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The US got to be a superpower because of 2 world wars and massive purchasing of US armaments by the allies, effectively transferring British Empire wealth across the water, kickstarting large local manufacturing, and being a safe production hub after the wars. |
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I was an economic powerhouse long before then.
The 1930's US stock market crash brought down the entire world!
As another point, it's not possible to make a ton of money selling weapons if you don't already have a thriving manufacturing sector. You have to at least be doing well to begin with.
According to [0], the US reached parity with the UK (probably the richest country in Europe at the time?) in terms of GDP per capita in 1880!
[0] https://www.rug.nl/ggdc/historicaldevelopment/maddison/relea...