America did use lots of foreign help back in the day. The British helped finance the railways. But America did not rely on foreign finance forever. After the First World War there were the greatest creditor nation.
The rise of America has not dented the European standard of living. And neither should the rise of China curb the American living standards. Relative decline is not absolute decline.
America did use lots of foreign help back in the day. The British helped finance the railways. But America did not rely on foreign finance forever. After the First World War there were the greatest creditor nation.
The rise of America has not dented the European standard of living. And neither should the rise of China curb the American living standards. Relative decline is not absolute decline.