somehow despite having so much regulation, the USA has one of the freest markets I've seen, however we also have a lot of waste.
Based on what I've read some states with larger welfare programs like Sweden have less regulation on business/markets. Its complicated. I don't pretend to understand it all but the basic concepts make sense to me. The US profits so much from the dollar dominance. That has to be a factor.
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I think USA benefits from dollar milkshake theory. Europeans benefit from USA spending 50% of its budget on foreign military defense.
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