Regular readers will have seen me quote Karl Denninger very often in articles about business, commerce and economics. Here’s a lengthy interview with him, in which he analyzes the current state of the economy and why he expects it to crumble. It’s long, but very well worth your time to listen to in full. If you can’t do so right away, I suggest you bookmark this article and come back to it when you can.
Words of wisdom. I’m certainly following his advice.