This column originally appeared on Real Money Pro at 7:59 a.m. EDT on Sept. 30.
NEW YORK ( Real Money) -- If you are looking for a potential black swan or disruptor that could upset the markets, look no further than global government dysfunction.
In the U.S., politics used to be different.Republicans and Democrats of the old guard disagreed as often as they do today, but the difference was that politics worked back then, as there was compromise. They argued, but they were civil and respectful. Through a concerted effort, both sides of the pew tried to accommodate the other side. They had the ultimate sense that they were all in it together. There were no non-negotiable demands. Back then, partisanship in the Congressional chambers during the week was followed by drinks and dinner at a local Washington, D.C., watering hole on Saturday evening, where compromises and agreements were achieved. Today, leading members of both parties hate each other, and there is no concerted effort to work toward accommodating each other's positions. They are not civil to each other, anger is at pitched levels, and Saturday dinner together is not even a consideration. There is little search for compromise. Fortunately, or unfortunately, dysfunction on our shores is more than rivaled overseas.