MeltdownsWe are talking about two different meltdowns.I was not referring to a meltdown in the equities market but a societal meltdown with the endemic problems concerning governance ,inequality ,immigration and race to name a few.
As the Chinese are intimating in their considerations of scaling back buying treasuries ,the Us is no longer reliable in so many areas.Politicians are considering wall-building at a time when US infrastrucure is crumbling.The Chinese are buliding ralroads in Africa while the US sends drones there Singapore airport makes JFK feel like Mogadishu