As long as the kick-the-can status quo prevails, there is no real hope of rescuing American capitalism and democracy from the baleful clutches of the of the Wall Street/Washington/MSM governing elites. As we have long insisted, it will take a thundering financial crisis on a scale well larger than the September 2008 meltdown to finally discredit the current regime.
Day Care, Disruption, Deficits And The Donald
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David Stockman’s Contra Corner isn’t your typical financial tipsheet. Instead it’s an ongoing dialogue about what’s really happening in the markets… the economy… and governments… so you can understand the world around you and make better decisions for yourself.
David believes the world -- certainly the United States -- is at a great inflection point in human history. The massive credit inflation of the last three decades has reached its apogee and is now going to splatter spectacularly.
This will have lasting ramifications on how governments tax and regulate you… the type of work you and your family members will have available and what you get paid… the value of your nest egg… and all other areas comprising your quality of life.