Economists are starting to talk about the demise of American exceptionalism. The Detail looks at what that term means, and what effect it has on your KiwiSaver.
The United States has long been held up as the peak of the free-market economy, but several factors including political interference in institutions are giving it the speed wobbles
Guest:
- Mark Brighouse - Chief Investment Strategist, Fisher Funds
Learn More:
- Read Mark's piece on US Exceptionalism here
- See the US Federal national debt clock here
- See Emeritus Professor of Accounting Practice at Sheffield University Management School, Richard Murphy, on the failure of American Exceptionalism here. He is director of Tax Research LLP and the author of the Funding the Future blog.
- Read renowned economist Sir Niall Ferguson's controversial piece, We're All Soviets Now here
- See PBS's Crosscut Talks interviews former US Secretary of State Robert Gates on 'Is This The End of American Exceptionalism?' here
- Read about problems with airport infrastructure here (paywalled)