Dallas has grown into a major finance hub over recent decades, with firms relocating from New York and California and banks like Goldman Sachs building large offices there.

Milton Friedman predicted that countries with economic freedom would inevitably develop political freedom, a prediction he later effectively recanted—China became more capitalist since Deng Xiaoping but with heavy state control and without the political liberalization Friedman expected.

Decades of predictions that the US would be economically eclipsed—Paul Samuelson's textbook claim that the USSR would surpass the US, the 1980s Japan-overtakes-US narrative, and the 2000s China narrative—have all repeatedly failed, making betting against the US a poor long-term strategy.