With China's economy wobbling, the US remains my safest bet

(Image: Getty)

Sat, 26 Aug 2023

One of the many things about the United States I've always admired is its ability to adapt, pivot and retool in the face of adversity and to get things back on track. I think a big reason for this ability is in the US’s makeup: it is essentially 50 separate but related countries all competing against each other for land, labour, capital and, effectively, entrepreneurship. Notwithstanding the inevitable ups and downs, that system breeds and fosters economic success, as evident in the sheer scale of her US$27 trillion (NZ$45...

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