I tot all countries experience periods of prosperity and periods
of turmoil.
Like Japan rebuilt itself after world war 2 into a strong
nation but now got many economic problems.
USA used to be strong nation but now the dollar becoming weaker.
Jobless rates also high. Got many economic problems like budget
dficiet etc.
All countries got periods of prosperity and periods of
turmoil.
Like China used to be strong and properous in Tang dynasty but
Qing dynasty bullied by foreigners like Japan, USA,UK and other
countries. Qing dynasty became weak now PRC became stronger
nation.
UK also got many colonies in Its prime but now no more. Pound
dropped alot too.
Some euro member countries also experienced downfall
recently.
Lastime I heard phillipines economy not bad under
Marcos but now quite chaotic and unstable.