IAN BREMMER
Despite a tumultuous year, markets continue to bet on American liquidity and growth. But while the outlook looks promising, the United States is systematically trading strategic advantages for tactical gains, and the costs are accumulating in ways that won’t become apparent until it’s too late.
NEW YORK – The United States is winning. Or at least that is how it looks if you’re tracking market indices and the parade of countries lining up to cut deals with President Donald Trump. The US economy is outpacing its allies. Stocks keep hitting record highs. And Asian and Gulf countries have pledged trillions of dollars in foreign direct investment in the US during the Trump presidency.
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