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US economy faces big shift as Trump and Harris show different paths forward

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US economic landscape stands at crossroads with two very different approaches from presidential candidates. Current system built on dollar power tech dominance and energy exports might see major changes

The american economy now runs on four main things - the dollars global power tech giants dominance huge oil output and a big-time budget gap (which stays around 6-7% and nobody seems to mind)

Tech-savvy companies and AI development make US markets super-strong while the countrys position as top energy maker changed it from buyer to seller. Wall street keeps its grip on world finance but the old ways of doing things are changing fast

The switch from global-focused to local-first economics started a while back. Kamala Harris wants to keep Joe Bidens focus on making stuff in america: its like a smart-persons version of bringing jobs back home. The policy-makers changed their thinking - they dont care as much about fancy economic theories now they want real factory jobs

Donald Trump talks about putting big taxes on things from other countries which could make prices go up a lot. Europe and Mexico already said theyd fight back if he does it; China might hit back at US companies like Apple. The whole thing could mess up trade deals that worked since world war 2

Its MAGA for thinking people

Adam Tooze on Bidenomics

Both sides want to change how things work but in different ways. The democrats dropped their old wall street friends while Trump might start trade fights that could hurt poor americans most. Either way the next president will have to deal with a system thats way different than before

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