Olympic Predictions | Bedford Real Estate
Which country will take home the most medals? That is an easy call because medal count and economic power go hand-in-hand. China is ascending while Russia is slipping. Despite sluggish economic growth, the United State maintains an indisputable top economic position. Therefore, the medal count winners will be, in order United States China Germany The Soviet Union rivaled the U.S. for top slot in the medal count for many decades as the two economies slugged it out during the Cold War. Soviet communism failed to produce meaningful economic growth from the 1917 Revolution to the beginning of the Second World War. Then, after the war, economic growth took off and Russians and satellite countries began to win many Olympic medals. The first person to orbit the earth was a Russian in 1961. Economic growth under communism should not have occurred but it did and can largely be explained by the tremendous amount of goodwill and gratitude R...
