America Or Nothing

On Sunday evening, ahead of Thanksgiving week in the US, I wrote that "for all the hand-wringing over the allegedly imminent end of American hegemony, I don't see a lot of viable contenders" for the country's top spot in the geopolitical and global economic order. In the same short editorial, I cited the best-performing economy on Earth and an equity market that accounts for nearly three-quarters of global market cap. The irony of America's existential crisis is that on some metrics, the coun

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