According to online reports, Eric Peters, chief strategist at One River Asset Management, pointed out that the underlying logic of American exceptionalism is its hegemonic position in global economic politics, but this position is facing four major threats: heavy taxation on capital flows, weakening of technology and medical monopoly. Policy shifts, failure of the judicial system's checks and balances on the government, and continued decline in productivity. Peters believes that the Trump administration's efforts to push manufacturing back will fail because vested interests will not allow changes to existing cheap labor markets and loose capital regulations.