Bretton Woods was an own goal by Europe because they couldn’t stop killing each other for centuries. America benefited because immigrants who leave are typically quite bright and willing to take risks.
The perfect storm of incompetence created the system we inherited from our forefathers. It benefits Americans, but maybe the wealth is also killing us due to massive obesity and sedentary lifestyles on top of a greedy litigious society.
The perfect storm of incompetence created the system we inherited from our forefathers. It benefits Americans, but maybe the wealth is also killing us due to massive obesity and sedentary lifestyles on top of a greedy litigious society.
No system is perfect.