- Sep 14, 2011
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In his speech on foreign policy this week, Trump explained that America is being bested by countries like China, Japan and Mexico because their leaders are "smarter, more cunning, and sharper than our leaders."
"They're killing us," he often says.
"The U.S. has come out of the 2008 crisis better than all the others," says Ruchir Sharma, head of global macro investing at Morgan Stanley.
"Americans have reduced their debt burden more than the Europeans, while China's debt has skyrocketed to extremely dangerous levels. If you look outside of China, U.S. growth is actually faster even than the emerging markets.
"Since the 2008 crisis, U.S. equity markets have outperformed all others — in fact nine out of the 10 most valuable companies in the world are now American. The dollar is the currency of choice. Global growth is not what it used to be, but in a bad neighborhood, the U.S. has the best house by far."
Read More At Investor's Business Daily: Fareed Zakaria: Trump Sells America Short — U.S. Is Dominant
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Thank you, Mr. President.
"They're killing us," he often says.
"The U.S. has come out of the 2008 crisis better than all the others," says Ruchir Sharma, head of global macro investing at Morgan Stanley.
"Americans have reduced their debt burden more than the Europeans, while China's debt has skyrocketed to extremely dangerous levels. If you look outside of China, U.S. growth is actually faster even than the emerging markets.
"Since the 2008 crisis, U.S. equity markets have outperformed all others — in fact nine out of the 10 most valuable companies in the world are now American. The dollar is the currency of choice. Global growth is not what it used to be, but in a bad neighborhood, the U.S. has the best house by far."
Read More At Investor's Business Daily: Fareed Zakaria: Trump Sells America Short — U.S. Is Dominant
Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on Facebook
Thank you, Mr. President.