THE US HAS BEEN IN MACRO ECONOMIC COLLAPSE MODE FOR DECADES...FOR EXAMPLE THE TRADE DEFICIT...THE WEAK DOLLAR.
NOW WE COULD BE SEEING THESE MACRO ECONOMIC "REALITIES" ....FINALLY EFFECTING THE MICRO ECONOMICS OF THE US ECONOMY...
WHEN STOCKS CRASH THIS TIME...THEY COULD STAY DOWN...BECAUSE THE WORLD ECONOMY IS NOT THE SAME AS THE 1960'S...
THE ENTIRE US "HOUSE OF CARDS" SEEMS TO BE BASED ON "1960'S STYLE ASSUMPTIONS" THAT ARE CLEARLY NOT VALID ANYMORE...
I'D DESCRIBED "WHAT COMES NEXT" AS ROUGHLY THE SAME TRANSITION THAT THE UK POUND WENT THROUGH FROM THE 1930'S TO THE 1960'S...
THE UK HAD TO ACCEPT IT'S LESSER STATUS IN THE WORLD...AND THEIR ECONOMY HAD TO ADJUST TO THE NEW REALITIES OF US DOMINANCE...
NOW THE US MUST ADJUST TO THE NEW ROLE OF CHINA AND ASIA AS THE DOMINANT PLAYERS IN THE WORLD ECONOMY...
