The end of US exceptionalism?
Update: 2025-05-01
Description
The US has long been economically “exceptional”, with its high growth rate, dominant technology companies, and as the provider of the global safe asset and reserve currency. However, Trump’s tariffs, a possible growth slowdown, and deeper institutional disfunction, could all endanger aspects of this. Paul Diggle and Luke Bartholomew ask whether US exceptionalism is over, whether the US is becoming a structurally less attractive destination for capital, and if the global dollar standard is over.
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