Tom Friedman, New York Times columnist, discusses the era-defining challenges facing America, and explains why he calls himself a “frustrated optimist”. Friedman is one of the most helpful thinkers today. Here is a direct link.
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David Rosenberg @EconguyRosieThe spike in Umich consumer inflation expectations is nothing more than a misnomer. The problem is that it is taking place at a time when the working class is losing bargaining power at an alarming rate. Fully 67% of households see higher unemployment over the coming year (was…
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What he’s talking about can be summed up in two words: “”Imperial Hubris””. It’s the same Friedman that advocated the US invasion of Iraq. Friedman seems to have eaten a lot of “”Humble pie”” lately.