I think I am saying he (and myself to a degree) fed of the need for bankruptcy in a pro-capital world - but in a pro-labour world, bankruptcy is rare, but falling profits does occur - so you go to needing carry to be the main tool of short selling. This might be too boring for Chanos
Are we seeing Chanos shut down while capital is still in charge because this is a transition?
I think I am saying he (and myself to a degree) fed of the need for bankruptcy in a pro-capital world - but in a pro-labour world, bankruptcy is rare, but falling profits does occur - so you go to needing carry to be the main tool of short selling. This might be too boring for Chanos