There is one table that i provided a few weeks ago that i believe tells it all about the current status of the global economy. I didn't oversell the table at the time, figuring people would grasp its meaning without a bunch of supplementary words. Now that i think about it, i want to make sure that you actually do understand what the table is telling you.
Now here is the table:
----------
2020 and 2023 Market Share of the top Global 500 by nation
Nation/Alliance | 2020 Market Share | 2023 Market Share |
Africa | 0.0% | 0.2% |
Asia Pacific | 8.0% | 7.7% |
China | 11.6% | 8.5% |
Europe | 14.0% | 13.2% |
Middle East | 5.5% | 5.4% |
S. America | 0.5% | 0.6% |
US Alliance | 60.4% | 64.4% |
Total | 100.0% | 100.0% |
Now there are two unquestionable takeaways from the above table.
1. The U.S. Alliance (i.e., U.S., UK, Canada, Mexico, Central America, Australia, New Zealand) dominate the Global 500, accounting for nearly 65% of the total market share of the Global 500.
2. China was punished by investors for its role in the pandemic--and those lost investments went primarily to the U.S.
--------
So, i say this about the above. If i reach out my hand now to China, I would not expect it to be slapped away. And if it ever is, then i would let the offender wallow in their own makings.
But how long do you think people will remember to boycott China? People forget? There was a time after WW2 people boycotted Germany too.