This Won’t Be The Financial Reckoning We Expected

MSN: Without an immediate and careful reordering of both U.S. spending habits and technological priorities, the U.S. risks becoming the second-best superpower in the world. Such a fall from grace would trigger a series of unfortunate economic events. Long-term economic indicators have indeed raised red flags. U.S. GDP fell by about 2 percent in 2020, while China’s increased by that percentage even amid the coronavirus pandemic, putting it only about $6 trillion behind the U.S. At the

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