At a dinner recently with some financial guys, one said the regional head of a national investment group was buying two months of food to store in his basement. The table laughed. Then another story was told of another man in a similar executive position doing the same.
There was less laughter.
The term "Regime Risk" is used often to describe the potential downside in an investment market based upon that nation's leadership--or lack thereof--and has always been reserved for those inadequate soundtruck democracies or countries flirting with capitalism but hampered by a uniformed junta. I have never heard it applied to the United States until now.
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