They may be headquartered in Bermuda, but they need American power to provide the environment in which they can be profitable. So they are beholden to the US.
When peer powers to the US arise, not all multinational can rely mainly on American power to remain profitable. Some may find American power to be their obstacle and seek their champion in china or India, or Russia.
Then multinational will be under the thumb of their champion nations.
When peer powers to the US arise, not all multinational can rely mainly on American power to remain profitable. Some may find American power to be their obstacle and seek their champion in china or India, or Russia.
Then multinational will be under the thumb of their champion nations.
