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China vs. USA Part 1 - 10 reasons NOT to invest in North America

With the US and China battling it out at the top of the medals table, which of these power houses should be backed by investors? As you might expect, the US cheerleaders underpin a pro-US consensus. In contrast, the China consensus is that it is a basket case. Is this fair? Without being glib, in general I want to buy an asset class with no friends, and not one which is on a pedestal. Below we start by looking at 10 cons on the US. In Part 2 we propose 10 reasons to favour China, and the funds to consider.

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