For example, a fiscal expansion, which is centrally financed, pro-rebalancing, and targeted to low-income households, could be used to stabilize the economy.
Weakened by bad weather, centrally run agricultural production collapsed in the 1990s, leading to a famine in which hundreds of thousands of people died.
So we see that many parts of the U.S. are truly becoming more diverse, while at the same time, others are centrally remaining the same in terms of race, age and religion.
In essence, they will be more likely to rely on local and regional capital- and less likely to be centrally run from leading financial centers such as New York City, Tokyo and London.