Don’t give up on the US

New Geography tells us why.

If the U.S. were a stock, it would be trading at historic lows. The budget deficit is out of control, the economy is anemic and the political system is controlled by academic ideologues and Chicago hacks. Opposing them is a force largely comprised of know-nothings–to call them Neanderthals would be too complimentary.

Yet, in spite of everything, I would still place my long-term bets on the U.S. Here’s why:

Read on!