He is great, isn't he? I enjoy watching him on CNBC and Bloomberg, though the Wall Street shills always try to shut him down. He is brilliant. I got that book on Kindle, but I haven't read it.
There are rumors he will be on Trump's economy team if Trump win. I hope that will be the case, because Stockman is a smart man.
There are rumors he will be on Trump's economy team if Trump win. I hope that will be the case, because Stockman is a smart man.
If that's true, then good luck to him. Sadly, his bank-reform plan - although solid - is too radical for the time. With finance, insurance and real-estate providing more than 20% of United States GDP, it's one of the biggest sectors in the U.S. economy. I'm sure you can guess what that entails.
Sounds reasonable, but please note if Marty Armstrong is correct about the sovereign debt crisis, the capital inflow to the US - I think he is correct about that - and all its consequences worldwide including but not limited to civil unrests and the power shift to East Asia, then we have a very unique situation, which will result in lot more radical solutions what Stockon suggests.