How is the US Doing? The Big Dichotomies
How is the US doing? It depends on what and who you look at because there are huge dichotomies. Wow! Did you see what the new ChatGPT can do? And did you see how the stocks of those...
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Jason Scott Montoya @JasonSMontoya
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May 16, 2024
- Post
"If you look at those companies that have produced ~95% of the innovations that in recent years have produced most of the US stock market and economic outperformance relative to other countries, it comes down to something like a million people, roughly half of whom are immigrants (out of a US population of 333 million people)."
Jason Scott Montoya @JasonSMontoya
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May 16, 2024
- Post
"Our biggest problem is how we deal with each other and our environment.
In other words, the problems are with us. While we need a lot more empathy, logic, and civility, it looks like we will have more selfishness, emotion, and discord. If that doesn't improve, both the rich and the poor should feel threatened."
Jason Scott Montoya @JasonSMontoya
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May 16, 2024
- Curated in Ray Dalio's Changing World Order