Conversation

"It’s as if America is the only nation worth investing in. ...
Though most observers think the world is increasingly multipolar, investors believe it is increasingly unipolar ...
America is over-owned, overvalued and overhyped to a degree never seen before. As with all bubbles, it is hard to know when this one will deflate, or what will trigger its decline. But I will sketch out some of the possible scenarios in my next column."

Ruchir Sharma (chairman of Rockefeller International) in Financial Times: https://on.ft.com/3CSS2Vv
#economy #finance #bubble #crisis