The World Is Reordering_ Unpacking Debt, Demographics, and Technology

Let's dive deeper into the forces that are truly reshaping global power dynamics. We've already touched on how debt, demographics, and technology are interconnected and driving changes in the international order. Now, let's take a closer look at each one and how they interact with one another.
Starting with debt, it’s astonishing to think that the United States accounts for nearly 70% of stock-market capitalization globally. This dominance means that a staggering amount of investment—over $9 trillion—flows into the U.S. markets. On the surface, this might seem like a good thing, signaling strength and stability


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