The stagnating economy seems to still be a surprise to most Americans, including the supposed “super” powers that include Ben Bernanke. It is amazing they either refuse or just plain out don’t see the inherent problems in our economy – The aging US population which is naturally spending less as it gets older (which happens at the end of every generation) and the massively over-leveraged population who simply has no money! These are exactly what I discuss in my new book, Facing Goliath: How to Triumph in the Dangerous Market Ahead. Bernanke’s latest comment that, “We don’t have a precise read on why this slower pace of growth is persisting,” clearly shows that even the experts are unwilling to address the root causes of our economic malaise, which is why I suppose I wrote the book. Ben had better catch on fast and alert the public before it’s too late.
Author of Facing Goliath: How to Triumph in the Dangerous Market Ahead.