It’s a good time to scare people economically. And I do mean that, because it’s a lot more likely people will at least listen to what you have to say.
I have no idea of who this guy is or what interests he serves. But I thought his scenarios deserved airing, especially in light of my other thread and the interesting replies therein.
Any thoughts on what this guy is laying out? Even if you can’t disagree with the coming need to dismantle the entitlements system entirely (some people here fear that the whole financial crisis is an excuse to do just that), what do you think of his projection of the consequences?