No economy in recorded history has exceeded 26% of world GDP; the US at 26% is historically large and still the best economy with the best prospects and best system, though the frictions are growing due to running $1.8 trillion annual deficits and widening wealth inequality
factualpending
Speaker
Kyle BassEvidence Quote
“I can't find an economy that was bigger than 26% of the world economy... we are still the best economy... best prospects... best system... running $1.8 trillion deficits”
Source
Global Macro Investing And Geoeconomics With Hedge Fund Investor Kyle Bass | Hoover Institution— Hoover InstitutionCreated: 8/11/2026, 7:32:16 AM
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