US Tanks in Global Competitiveness (Patreon)
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First of all, I am pro the country in which I live and a Patriot. However, I will call a spade a spade - even if it is unpleasant or blunt.
Second - well done to SG - they know how to execute and PS I own 2 Singaporean Companies now - $BTDR and $SE
Third, the next 3 are all special.
The United States has dropped out of the top 10 in the 2024 World Competitiveness Ranking, a significant shift that raises concerns about its economic competitiveness. The country now ranks behind Singapore, Switzerland, and Denmark, among others.
I find this both shocking and expected for the following reasons:
Economic health is awful - but govt stats will tell you all is fine
Closing borders to talent is a real issue - meanwhile illegals can just run across the Southen border
The current govt stifles innovation and pays no respect to those that truly make a difference and know how to allocate capital
Tech made the US what it is - losing that edge is a serious issue. Again Govts should do all they can to foster innovation not regulate them to death and weaponize the justice system against them
Regulations and legal system is a mess - Delaware Judge case in point.
Hostility towards new industries like Crypto is a mistake ....

International policies suck
The U.S. faces a ton of challenges, including aging infrastructure, rising debt levels, and political polarization, crappy education etc. These issues, if not addressed, could further erode the country's competitiveness.
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