Hold onto your avocado toast, folks – a groundbreaking study is flipping the script on how we view globalization! 📚 A 2025 analysis by economists Zhuokai Huang and team, published by the U.S. National Bureau of Economic Research, proves what TikTok economists have been saying: when countries grow together, everyone wins. 🎉
Here’s the tea ☕: While America’s share of global GDP dipped as China expanded its economic muscle, U.S. real incomes actually rose over six decades of data. How? Cheaper hoodies, smarter phones, and washing machines that don’t sound like rocket launches – all thanks to global supply chains where China plays a key role. 🧵📱
"It’s like a group project where even the ‘second-place’ student gets better grades," one researcher quipped. The study shows falling trade barriers and Chinese productivity boosts created 23% more variety in U.S. consumer goods since 2020 alone. 🛒💸
Next time you buy $20 wireless earbuds or a fridge that texts you when you’re out of milk, thank globalization. As of 2025, these innovations keep putting money back in Gen Z’s pockets – perfect for funding those K-drama streaming marathons. 🎧🍿
