In a new article in the Atlantic Monthly magazine, writer James Fallows examines America's economic strength and stability from the vantage point of the year 2016.Hindsight is 20/20 but the author wonders how warning signs that seem to be so clear in the present day are continually ignored. Hear a conversation with Fallows about "America's coming economic crisis."
This is worth a listen. Noteworthy linked this but I think it deserves its own meme. Often this kind of myopic scenario is tacked onto a political perscription in which the speaker has particular interests. This is no exception. However, a number of the things this guy worries about are things that I also worry about. There is something compelling about this scenario regardless of what you think of his politics. |