My 2 cents -
Every time a Ruchir sharma equivalent tells you something , pls take a step back and ask whether he has an incentive to tell you what he is telling you . And then look at data yourself before coming to judgement.
How on earth China’s share of global GDP decline compared to US when former is growing at least 200 basis points higher , including in 2023??!!
And we all know that in last 12 months, US growth is funded with extreme fiscal expansion that even led rating agencies to react. Do we think that US has infinite fiscal room to keep pumping money ??
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