Lacy Hunt on the ‘worst economic expansion’ since 1790

This interview was actually longer and more detailed than the 2 min clip Bloomberg posted. Too bad, because they post hours of drivel from others. Hunt is a rare independent-of-big-banks-economist with a valuable command of historical perspective. He explains why we will be paying for the latest debt-funded recovery for years to come.

Lacy Hunt, Hoisington Investment Management chief economist, explains why he thinks the U.S. economic recovery has been disappointing. Here is a direct video link.

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