The problem is that those riches and success is just on paper. They are projections and IOUs.
It's like the property market, if everyone has so much money the number of people who can live in Malibu doesn't actually go up. Just the prices of homes in Malibu go up.
No matter what the numbers in the bank account says, the number of people who can get the good stuff will be limited to the actual infrastructure and actual production output. If Americans get even richer, it will simply mean that more millionaires will room share in SV.
EU and Japan, largely cited as economical failure, happen to provide just as good or even better living conditions to their citizens because their infrastructure and actual production output is as good or better than the US.
It's like the property market, if everyone has so much money the number of people who can live in Malibu doesn't actually go up. Just the prices of homes in Malibu go up.
No matter what the numbers in the bank account says, the number of people who can get the good stuff will be limited to the actual infrastructure and actual production output. If Americans get even richer, it will simply mean that more millionaires will room share in SV.
EU and Japan, largely cited as economical failure, happen to provide just as good or even better living conditions to their citizens because their infrastructure and actual production output is as good or better than the US.