It was always going to happen. Over the long term, no democracy -- let alone American democracy -- will stand for the destruction of the middle class and rapidly-rising wealth inequality.
That was the message not far below the surface in the US mid-term elections. And Wall Street and its investment banks need to take notice because they are the key targets of the rising star of American politics, Elizabeth Warren. It will not be long before she moves from Wall Street to globalisation. I first alerted Australia to “Warrenism” in the US (Politicians should heed the might of the ravaged middle class) last April.