This is exactly it. The American economy is riding on a semi-permanent high of being the dominant economic power of the entire world, especially since the USSR fell. They maintain this with a combination of military power and economic power, projected globally.
Copying that simply will never garner the same results
I think one can further break down “economic power” between industrial strength, control of the largest financial (stock, bond, futures) markets, and control over the de facto global currency.
This is exactly it. The American economy is riding on a semi-permanent high of being the dominant economic power of the entire world, especially since the USSR fell. They maintain this with a combination of military power and economic power, projected globally.
Copying that simply will never garner the same results
I think one can further break down “economic power” between industrial strength, control of the largest financial (stock, bond, futures) markets, and control over the de facto global currency.