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Is the US’ economic exceptionalism truly over?
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With rising government debt, growing political risks and a shifting geoeconomic order, investors are asking: is it time to “Sell America”?
PHOTO: REUTERS
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SINGAPORE – Historians have described the era since the end of World War II as Pax Americana – a period defined by US dominance in geopolitics, innovation and finance.
For investors, this translated into fertile ground for wealth accumulation on an unprecedented scale, underwritten by the US’ economic primacy, technological leadership, and respect for the rule of law.
