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“Could America lose faith with democracy? “People are strongly committed to the concept of democracy and yet China has had massive growth and way better infrastructure under totalitarianism,” Gundlach mused. “What are we doing when our outcomes are inferior? Is it possible we could change in that regard? Yes, it is possible. I think we are going to see substantial changes in the next six years.” That might even include the U.S. breaking into more than one country, he said.” — Jeffrey Gundlach, DoubleLine Capital CEO
Could America lose faith with democracy? “People are strongly committed to the concept of democracy and yet China has had massive growth and way better infrastructure under totalitarianism,” Gundlach mused. “What are we doing when our outcomes are inferior? Is it possible we could change in that regard? Yes, it is possible. I think we are going to see substantial changes in the next six years.” That might even include the U.S. breaking into more than one country, he said.