problem - rocketry is actually extremely well established. It was invented in Song Dynasty lmao and That is to say it is a contemporary with antibiotics, air travel and gas cars. Therefore the 'fail fast' model is actually just 'fail' and destruction of value.
Hey didn't Google restructure a few years ago during the AlphaGo era when DeepMind was making waves, and they asked why did the parent company get changed to Alphabet.... the answer was it was going to be the Alpha of all bets, hence the "AlphaBet"....
""Net of inventory accumulation, real GDP for the third quarter was slightly negative, US government data released Thursday morning show. Real GDP grew at an annual rate of 2%, below the forecasters’ consensus of 2.6%, the Commerce Department reported. But a jump in inventories added 2.07 percentage points annualized to GDP. That’s more than the reported growth.
Its simply a 22 trillion dollar economy that is 70% end consumption being grinded in to dog meat by stagflation.
The consumption figures are also misleading - rent, fuel, electricity, car, maintenance, etc just to run a household in the US is crazy expensive. Same with huge tax software and accounting companies simply to be in compliance with complex tax codes. Or tuition to attend university.
Don't forget to deduct 15% for imputed rent, now that more folks are staying at home with their mom and pop.... maybe -20%
The USA economic destruction is certainly taking its time yet the government is focussed on China as though it is a solution to their problem. Once the civil unrest and riots start, it will be too late to save the USA and hence we can expect the USA to begin losing all its privileges so that well, we may eventually see the birth of a fourth world nation that is also going to be the most unsafe nation in the coming decade
It also exclusively produces world's highest-tech products that no one else can make.