The 19th century belonged to England, the 20th century belonged to the U.S., and the 21st century belongs to China. Invest accordingly.
— Warren Buffett
How could someone so smart be so wrong?
China is a great country that is thriving and re-establishing its place at the top table of the largest economies. However the USA still has an unbounded ability to innovate and create the products and services of the the future.
It’s no accident that the iPhone, Google and Facebook all originate from the USA. Americans have an incredible ability to renew themselves every day with passion, energy and enthusiasm. Combine this with the ‘rule of law’, liberty, democracy and unbounded optimism. It’s forever morning in America.
For all these great reasons of both heart and mind, the 21st century will be America’s century.