When things are moving in the right direction, there is not much to say but "keep up the good work". President Biden is acting like a leader who knows he is playing with a very strong hand and rightfully so. It seems as though every move our new President has made in his first 100 days has been "spot on." And he has done this with a kind and soft voice.
Although we should remain cautious with our confidence, next month when Forbes comes out with its list of Global 2000, I predict that we will see for the first time that American companies will account for more than 50% of the total market value of the entire Global 2000. As i have showed before the U.S. dominates the world of business and without self-constraints, we will continue to expand our dominance and influence. We have good allies and "paper tiger" non-allies.
In previous blogs i have recommended a cap on the U.S. at 50% of global business market value in order to accommodate globanomics. I no longer feel that way. Instead, i think we should put the pedal to the metal and simply go for total domination. I am beginning to think it is the only way for countries like China and Russia to understand how great the U.S. position in the world is. The U.S. is not just the leader of the free world, but the leader of the entire world.
Biden said a few weeks back that our ancestors will look back at this time in history as the final battle between "freedom" and "authoritarianism". Let it be so. Any reasoned observer of the Cold War knows which side will ultimately win. So yes, let us do infrastructure while at the same time begin manufacturing the next generation of chips, batteries, solar panels, etc. here at home. It's time to really show the world again what "undeterred freedom" can accomplish when we are led by a gentle, but determined leader like our current President.
Maybe we are still ten-years away from the implementation of globanomics world-wide, but we have the right man at the right time to lead us there.