Former Fed Governor Warns Of "Several Decade Cold War" With China

"Former Fed governor Kevin Warsh warned on Thursday that the US-China relationship is "probably as poor as" it has ever been since former President Richard Nixon and Henry Kissinger developed strategic relations between both countries in the early 1970s.

"We're at the risk of a real cold war" between the world's two largest economies, said Warsh who had been on President Trump's list for Fed chairman before Jerome Powell was chosen. "The last 30 years we've been living and breathing globalization as if it's an inevitable force," but now, it seems the six-decade-long bubble has finally popped..."

at https://www.zerohedge.com/news/2018-10-05/former-fed-governor-warns-several-decade-cold-war-china