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.