DIGG THIS You think it's bad now? It's going to get much worse. This is the big one, call it Great Depression II. Why am I so sure? Because the depth and duration of a downturn depend positively on 1) how long the preceding boom lasted, 2) how distorted its capital structure became, and most importantly, 3) how much government interferes with the classical medicine administered by the marketplace. By these metrics, our current economy is one sick puppy and getting sicker. But what caused this? Ironically, economic problems usually result from a prior intervention too hard for most to … Continue reading Zombies R U.S.