The CONVERSATION opens with the latest civil unrest in China as protesters take to the streets in response to the Communist Party's zero Covid policies. Market indexes dropped as investors weighed the impact on trade and investments, and also in reaction to the latest response of the Fed in its battle to tame inflation. At stake in the case of China, is world trade and geopolitics with the future of global supply chains and manufacturing at play. DICK BOVE, chief financial strategist at ODEON CAPITAL GROUP, argues that the US must take an isolationist stand in the coming years if it is to restore its once proud domestic manufacturing base. JOHN AIDAN BYRNE says communities across America have been devastated by the loss of jobs for decades because of outsourcing, a problem that has resulted in deep-seated social problems as well as economic. Meanwhile, the US financial systems appears headed more closely to insolvency. "It is mind-boggling, and frightening," says BOVE "It's a huge problem."

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