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... ends, in my view, World War I and World War II were essentially collisions of industrial capacities. Once Germany chose the Austro-Hungarian and Italy as allies in WWI, it was set for a difficult victory—unless they bet right every step of the way."

"Or to put it another way... The production capacity of Ford’s Model T explained everything. We can’t predict the future, but I can show you, show you just how astonishing Suzhou’s industrial capacity is."

"Don’t compare GDP, that’s a ...

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