Developments could herald the decline of US influence
The current over-representation of the country’s financial assets in global indices may be peaking
ONE thing is clear: If you rely on the US for anything – demand for your exports or supply of critical high-tech products such as advanced semiconductors, financial aid or military protection – you could be increasingly at risk of being strong-armed by the new administration.
This is creating havoc in the short run, but in the long run it will create a new world order with a dramatic reduction in the country’s influence across the globe.
The first thing I want to point out is that this is not a rant against the new US administration’s policies.
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