There’s a host of factors, I’ll try to outline the ones I can think off off the top of my head
Industrial base: The UK was bombed during WWII, the US was not. That gave the US a production advantage.
Natural Resources: The UK was dependent upon many resources from their empire while the US was using a lot of their own domestic resources for production.
Decolonialization: the UK’s resource base, as mentioned in the last point, were largely seeking independence in the wake of the war. The US brand of imperialism was more economic in nature than political so they didn’t have the same issue.
Population: it’s tough to outproduce a nation that’s 3x the size (UK pop was about 50 million in 1950; the US was roughly 150 million)
The Marshall plan. It’s hard to overstate how much of a boon rebuilding Europe was for the American economy.
Debt: military goods aren’t cheap. The UK sourced a ton of war material from the US. I just looked it up; the UK made its final WW2 debt payment to the US in 2006. Sheesh!
They’re going to talk about all the criminals that have been deported and ignore or minimize those who have been wrongly swept up with no due process. Expect lots of “gotta break some eggs to make an omelette” style rationalization. Lots of myopic focusing on the cost of eggs or gas, probably some “trust the process” hand waving about the chaos of the tariff debacle. Probably some culture war nonsense sprinkled in.
His interview on Letterman’s Netflix show was it for me. He kept whipping up these meaningless word salads that may sound profound to some but it just came across as mania to me
I have to be honest, as someone who is not fully immersed in the financial markets, the chart pattern reading kinda strikes me as astrology for guys in suits.
I think he’s a salesperson trying to sell the idea that getting rid of the apple tax is good for consumers.