It's not a chart of investment by patriotic US citizens seeking to better the country such that the country "wins" .. more like a chart of military and motte and bailey investments made by individual feuding Norman clans each seeking to be the last castle standing and in control of all the throttle points and gates across the country and ideally the world.
replyThis is a good time to reflect on the etymology of "Banana Republic" [0]. I suspect most people don't see fruit companies as a major threat, but they'll kill and ravage to get people cheap bananas.
replyThis idea that the morals of the people making investments is in any way relevant is a bit of a misframe. Investors are capable of any evil, the default position is of surprise if one of them is investing out of some sense of responsibility. The point of the economic system is it channels some of the most ghoulish and horrible people to do good as an accidental side effect of their mad rush to wealth and power. Works really well, on average everyone wins.
Did you enjoy reading Cabbages and Kings ?
replyI'd say that we might both agree that the US economy is currently heavily dependent on the circular jerking of numbers between AI boosters .. remains to be seen what the average person gets to eat from slops.