Comment by Galanwe

> many verticals are simply uninvestable in the US because of labor costs and the gap of cost to manufacture is so large it's not even worth considering.

I think this is covered in a number of papers from think tanks related to the current administration.

The overall plan, as I understood it, is to devalue the dollar while keeping the monetary reserve status. A weaker dollar will make it competitive for foreign countries to manufacture in the US. The problem is that if the dollar weakens, investors will fly away. But the AI boom offsets that.

For now it seems to work: the dollar lost more than 10% year to date, but the AI boom kept investors in the US stock market. The trade agreements will protect the US for a couple years as well. But ultimately it's a time bomb for the population, that will wake up in 10 years with half their present purchasing power, in non dollar terms.