Companies might profit at first but as authoritarianism chips away at the systems that make them money they’ll realize it’s a losing game, because it always has been.
The structural pressures are real. U.S. GDP per capita — still above $85,000, compared to China’s $13,000 — reflects a prosperity gap that will take decades to close. But per capita GDP is not the same as geopolitical weight. China’s economy grows at 5.2% per year, while America expands at around 2.1%. At those trajectories, the gap in total economic mass narrows every year.
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