In the 1950s, the US was responsible for approximately 30% of
international trade. Today, the US accounts for only 10%. After WWII, much of
the world was in shambles. They depended on the US to supply capital, labor,
services and materials. In the 21st Century, those same countries that depended
on us are our competitors.
The CEOs of the 1950s had it easy compared to CEOs of the past 20 years. Business was predictable back then. Market size and customer
demand grew at a steady and manageable pace. In today’s global
