The US is the best place for long-term capital allocation because, despite being 4% of world population and 26% of world GDP, it is 60% of world capital markets—people vote with their money, and the US has the deepest, most liquid markets plus exceptionalism in schooling and entrepreneurship; no recorded economy has ever exceeded 26% of world GDP.
normativepending
Speaker
Kyle BassEvidence Quote
“We are 4% of the world's population. We're 26% of the world's GDP. We are 60% of the world's capital markets. So why? Because people vote with their money.”
Source
Global Macro Investing And Geoeconomics With Hedge Fund Investor Kyle Bass | Hoover Institution— Hoover InstitutionCreated: 6/18/2026, 2:17:47 PM
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