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aka the "guilded age"
*mic drop*
1942 for military
The US peaked right at the end of the cold war, it had unsustainable spending to bankrupt the Soviet Union, and ultimately ended up bankrupting itself when it decided to outsource it's technology and manufacturing capacity overseas. Europe has followed that trend which limits any nation rising to be competitive to the third world, so Asia will be the major players for a few decades until they fall into the same trap of losing manufacturing.