The＄109T global stock market in one chart
I have this friend who is too hard of a die hard capitalist at heart (whatever that means).<p>He reads headlines of UAW workers going on strike to ask a company making $10b&#x2F;yr in profit to give them a bit more and he sides on the side of the company, you know what I mean?<p>Long story short, he&#x27;s come to say &quot;America has gone soft&quot;. He thinks anybody who works from home is doing blatant time theft, needs to be tracked, etc.<p>He thinks that what we classify as a $20&#x2F;hr job in America is $2&#x2F;hr elsewhere.<p>If that&#x27;s the case culturally and the Chinese value working hard (where as in America if you scroll on Instagram you&#x27;ll see 5-10 memes recommended to you about &#x27;you are not your job, f<i>ck your job, f</i>ck your meeting&#x27;), why is our economy more successful than theirs?