3 ms·

The world is a big market. The days when the US is, basically, a "mandatory" market to address are behind us.

• corimaith 1y ago
  No actually, the majority of large economies are all export based economies, it's pretty much the US and a handful of much smaller economies like the UK on the other side of the balance sheet. It's arithmetically impossible for everyone to be exporter, and those large enough to absorb those surpluses like China, India and the EU are not going to be willing to run aggregate deficits, certainly not short-medium term without painful adjustments. As for the "global south", their markets combined don't reach close to the size of the US market.
  • JohnFen 1y ago
    There are quite a few companies that manage to do OK without selling into the US. BYD is the currently hot example.
    • corimaith 1y ago
      Quite a few does not make the aggregate economy.