>>13330526In Europe any factory capable of building cars, white good, heavy machines ect. was blown up because during the war they were all making war supplies.
These industries are dependant on huge supply chains and can't re-started within a couple of years, it took about 2 decades and in that time the US was a huge exporter making it extremely wealthy.
As for neoliberalism it's the economic theory that the less the state owns the better because private industry is more efficient (sound familiar?) this is the theory that has been pushed hard by everyone for businessmen to politicians because they all make a fortune by having governments sell assets for cents on the dollar. Now there is little left to sell it's collapsing because there is no return on investment for government coffers when they can't buy anything that turns a profit.
