The United States thrives on behaviour anomalies in the rest of the world

Some of the United States’ affluence stems from its ability to spend more by borrowing without difficulty from the rest of the world. It is important to note that this ability is linked to anomalous behaviour in the rest of the world: Chin a’s mercantilism until 2013, which resulted in the accumulation of huge foreign exchange reserves in China; OPEC countries’ failure to invest their oil revenues to prepare for the future; Since 2012, Germany’s and the Netherlands’ refusal to continue to finance the other euro-zone countries, resulting in their excess savings being lent to the rest of the world, in particular the United States.