How does the US agricultural sector and urban expansion shape its economic future?
Despite concerns about the EM-ification of the US economy, one of the country’s strengths is its agricultural sector and urban expansion potential. At the AIM Summit Dubai, Kevin McCarthy emphasized that the US still holds a unique advantage due to its vast natural resources. However, economic growth is threatened by the global economy and financial volatility, as well as the impact of political polarization in Western democracies. If the US can leverage its agricultural strengths while addressing fiscal instability, it could mitigate the risks posed by its increasing resemblance to emerging market economies.
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