Ruchir Sharma (Rockefeller Int/FT) argues:

'US growth is a mirage for most Americans, driven by rising wealth & discretionary spending among the richest consumers & distorted by growing profits for the biggest corporations. Times look good but this growth is lopsided, brittle & heavily dependent on spending & borrowing by the government, which is typically the lender of last resort'.

When mainstream commentators agree with long-term left critiques, then you know a crisis is coming!

#USPol