Analyst: American exceptionalism faces four major threats, Trump's plan to repatriate manufacturing will fail

According to Mars Finance, Eric Peters, Chief Strategist at One River Asset Management, points out that the underlying logic of American exceptionalism is its hegemonic position in global economic politics, but this position is facing four major threats: capital flow taxation, policy shifts weakening technology and medical monopolies, the failure of the judicial system to check the government, and a continuous plunge in productivity. Peters believes that the Trump administration's efforts to bring manufacturing back will fail, as vested interest groups will not allow changes to the current status quo of cheap labor markets and lax capital regulation.