USSR disintegrating after 91 and the opening up of markets around the world from the wave of neoliberalism helped a fucking lot, movements such as Latin America slowly dropping its market-protection practices, former Soviet states adopting free market ideologies and so on created quite a high demand, it was the start of globalisation as we are used to nowadays.
Most of the most prosperous periods in American history are following large shifts in the world order, WW1 and 2, collapse of the USSR, starting the Age of Information, etc.
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Were bad things happening in 1990? Iirc it was the start of one of the most prosperous periods in recent American history.
The 1990 oil price shock occurred in response to the Iraqi invasion of Kuwait on August 2, 1990
https://en.wikipedia.org/wiki/1990_oil_price_shock
USSR disintegrating after 91 and the opening up of markets around the world from the wave of neoliberalism helped a fucking lot, movements such as Latin America slowly dropping its market-protection practices, former Soviet states adopting free market ideologies and so on created quite a high demand, it was the start of globalisation as we are used to nowadays.
Most of the most prosperous periods in American history are following large shifts in the world order, WW1 and 2, collapse of the USSR, starting the Age of Information, etc.
Soviet block and its client states disintegrating.