I'm not being particularly original in saying this. The Berlin Wall comes down, Cold War is over. There's this period in the 90s in which the US really doesn't have a competitor. And the combination of technology, transportation improvements, suddenly you have a global marketplace with fewer barriers. And that process of globalization and technology creates this explosion of growth and huge, huge amounts of wealth spinning around the globe, taking advantage of opportunities. (19:09–19:15)
CLAIM
Asserts that the US had no significant global competitor in the 1990s.
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