FT: The mother of all bubbles – US has never been so overhyped

America's financial markets reign supreme, captivating global investors with unparalleled allure. But is this faith in 'American exceptionalism' rational or a bubble about to burst? From tech dominance to geopolitical disconnects, Ruchir Sharma examines the forces shaping a unipolar investing world—and warns of the risks lurking beneath the surface.

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By Ruchir Sharma*

The US has never been so overhyped, relative to the rest of the world ___STEADY_PAYWALL___