I thought this was an interesting analysis of where the economy has been and where we're likely headed. I think his analysis is largely spot-on, and should appeal to realists across a pretty broad range of political backgrounds.
That said, he makes even folks like Roubini look like optimists and I don't go along with his 100% cash proposed short-term solution, which sounds all-too-close to 100% gold, guns, gold, and MRE's and other tin foil hat strategies we've all heard about.
Will be interested in other's take.
http://www.nytimes.com/2013/03/31/opinion/sunday/sundown-in-america.html?pagewanted=all&_r=3&
That said, he makes even folks like Roubini look like optimists and I don't go along with his 100% cash proposed short-term solution, which sounds all-too-close to 100% gold, guns, gold, and MRE's and other tin foil hat strategies we've all heard about.
Will be interested in other's take.
http://www.nytimes.com/2013/03/31/opinion/sunday/sundown-in-america.html?pagewanted=all&_r=3&