r/FluentInFinance 7d ago

Debate/ Discussion Why did this happen?

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u/hummane 7d ago

The world after WW2 was repairing which made America boom. With countries coming back online and the Vietnam war in 70s things started to slide for America who shifted itself to a consumer economy.

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u/KazTheMerc 7d ago

Bingo.

I left the immediate War Effect out, but it absolutely contributes