America is back

The next few decades belong to the US. It has vast oil and gas supplies, a skyrocketing housing market and an abundance of cheap labour and technology. The engine of growth is firing again.

America is back and the revival is going to be enormous. It will change the world as we know it.

It may still be the Asian century but I suspect that the next couple of decades will belong to the US rather than Australia’s main customer base, Asia.

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