Click here to read the entire article I co-authored with Seth Benzell on The Hill. The U.S. is a waning economic hegemon. But far too few Americans, including politicians, realize this. The eventual new and very big kid on the block is, under all but extreme scenarios, China and, after China, India. By 2100, the U.S. will be in third place, when ranked by GDP — producing only 12 percent of global output compared with China’s 27 percent and India’s 16 percent.
The Future of Global Economic Power
Absolutely loving your content Larry, would you be open to allowing us to share it with our 60k+ audience as well?