The Humble Libertarian

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Saturday, July 21, 2012

Most Americans are Clueless About How Bad Things Really Are Economically and Fiscally in America


Few Americans are even aware of what is happening in Greece, Spain, Portugal, Italy and other European nations that are suffering profound economic misery. Americans mostly ignore what is happening around the world and assure themselves that what happens elsewhere could never happen in America. However, the economic situation is quite grim in America and elsewhere.

Among those who do comprehend the gravity of the situation, the alarm bells keep getting louder and louder as America keeps barreling toward the black hole of economic collapse at a breakneck speed. An interview with David Stockman has gone viral among those who follow economic data.
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